The General Theory of John Maynard Keynes exerted a major impact on macroeconomics during the 20^th century primarily because A) it provided the only logically consistent view of what caused the Great Depression. B) it provided a reasonable explanation of what went wrong during the Great Depression and what could be done to prevent it from happening again. C) it explained how gross domestic product could be measured and why this was important. D) it derived the conditions necessary for maximum efficiency of resource use and explained how these conditions could be achieved through central planning.

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Keynes' General Theory offered insights into the causes of the Great Depression and suggested government intervention as a means to stabilize the economy and prevent future depressions.

The General Theory of John Maynard Keynes Exerted a Major