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.

John M Keynes was an advocate of which of the following suggestions?

• A. Spending money recklessly during recessions is suicidal.
• B. Exorbitant spending during recessions is likely to boost the economy.
• C. Aggressive deficit spending is likely to be fatal for economic meltdown.
• D. Government stimulus to the economy may not help because of red-tapism.
• E. None of the above

Answer 1

The correct option is B Exorbitant spending during recessions is likely to boost the economy.

John M Keynes was an advocate of 'exorbitant spending during recessions is likely to boost economy'.