John Maynard Keynes developed the ideas underlying the aggregate expenditures model
A)in the 1960s.
B)in the 1980s.
C)as a reinforcement of Say's Law.
D)as a critique of classical economics.

Question

Quizplus · Accepted Answer

Keynes developed the aggregate expenditures model as a critique of classical economics, particularly during the Great Depression, to address issues that classical economics could not explain, such as prolonged unemployment.

John Maynard Keynes Developed the Ideas Underlying the Aggregate Expenditures