Question

Read the following passage carefully and answer the question given below. Certain words/phrases are printed in bold to help you locate them while answering the question.

Which of the following is true about Keynes philosophy?

• A. Actual spending of money during a meltdown is more important than where and on what it is spent.
• B. The government should be selective in its approach for spending money during a recession.
• C. Filling old bottles with banknotes and burying them is an atrocious proposal.
• D. Creating jobs and prosperity during recessions is almost an impracticable proposal.
• E. None of the above

Answer 1

The correct option is A Actual spending of money during a meltdown is more important than where and on what it is spent.

'Actual spending of money during a meltdown is more important than where and on what it is spent' is true about Keynes philosophy.