The government of a country has introduced a few economic policies for the current financial year. Which of these policies is John Maynard Keynes most likely to disagree with?
A. Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons.
B.Textile importers can import up to $1 million worth of textiles.
C.Citizens working in foreign countries must send back a quarter of their income.
D. Entrepreneurs are no longer restricted from importing raw materials.
E. Automobile manufacturers can produce only 1,500 units per year.

Respuesta :

The correct answers are A) Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons and C) Citizens working in foreign countries must send back a quarter of their income.

The government of a country has introduced a few economic policies for the current financial year. The policies John Maynard Keynes most likely to disagree with would be "Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons and citizens working in foreign countries must send back a quarter of their income."

John Maynard Keynes (1883-1946) was the famous economist that developed the theories later known as "Keynesianism." He encouraged government intervention to end with the economic problems of the Great Depression. He thought that during a recession, the private sector stopped investing and saving. He considered the government should intervene at that moment to reactivate the economy.

Answer: a; Food exporters can export as much wheat as they want, while in the past they were limited to 50 tons.

d; Entrepreneurs are no longer restricted from importing raw materials.

Explanation: edmentum/plato/quizlet