This quotation best supports which of the economic theories of john maynard keynes?
a. businesses and jobs rely most strongly on consumer demand.
b. government regulation is necessary to stabilize the economy.
c. markets operate best when allowed to operate freely.
d. private individuals can best make their own economic decisions.

Explanation:

John Maynard Keynes was a British economist and his ideas had big impact on the modern political and economic theory. His ideas are called Keynesian economics and affected many government's economic policies. He proposed that government should take banking and tax measures to halt the effects of depressions, recessions and booms as economies do not stabilise themselves and requires government intervention to boost the short term demand. He is considered to be the father of theoretical macroeconomics.

which statement best describes why a government’s actions are important in macroeconomics? check all that apply.

1 government controls industry through policy.

2 government is both a consumer and a producer.

3 government can prevent changes and challenges.

4 government can use policy to influence the economy.

5 government can accurately predict economic trends.

1 , 2 & 4 for edgenu

according to this graph, how does supply behave in the long run?

a ]output remains constant.

b ]output increases.

c ]output cannot be predicted.

d ]output decreases.

the answer is a ]   for edgenu