Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

Which of the following economist was also a 'shrewd foreign currency speculator'?

Options:

John Maynard Keynes

Adam Smith

John Marshall

None of the above

Correct Answer:

John Maynard Keynes

Explanation:

The correct answer is option 1: John Maynard Keynes

John Maynard Keynes, British economist, was born in 1883. He was educated in King’s College, Cambridge, United Kingdom and later appointed its Dean. Apart from being a sharp intellectual he actively involved in international diplomacy during the years following the First World War. He prophesied the break down of the peace agreement of the War in the book The Economic Consequences of the Peace (1919). His book General Theory of Employment, Interest and Money (1936) is regarded as one of the most influential economics books of the twentieth century. He was also a shrewd foreign currency speculator.