Question

Which famous economist believed that if governments spend during a depression, they can revive a national economy?

a. Adam Smith
b. Jules Dupuit
c. Karl Marx
d. John Maynard Keynes

Answer 1

This would be John Maynard Keynes !

He was deeply skeptical of austerity measures during recession and during the Great Depression (in 1930s). He argued that during this time budget deficits were not a problem and instead they can help overcome the problems.