John Maynard Keynes wrote that low income and high unemployment in economic downturns should be blamed on:
A)low levels of capital.
B)an untrained labour force.
C)inadequate technology.
D)low aggregate demand.

Question

Quizplus · Accepted Answer

Keynes argued that low aggregate demand is the primary cause of economic downturns, leading to low income and high unemployment.

John Maynard Keynes Wrote That Low Income and High Unemployment