Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Experience the convenience of finding accurate answers to your questions from knowledgeable professionals on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Keynes believed that the economy is self-correcting.

A. True
B. False


Sagot :

Final answer:

Keynes believed the economy is not self-correcting and advocated for government intervention to address market inefficiencies.


Explanation:

False. Keynes believed that the economy is not self-correcting. He argued that markets are imperfect and may not always return to equilibrium on their own. Keynes proposed that government intervention through fiscal and monetary policies is necessary to address market inefficiencies and stimulate economic growth.


Learn more about Keynesian Economics here:

https://brainly.com/question/28190517