What did The General Theory, a 1936 book by John Maynard Keynes, attempt to explain?
A)stagflation
B)the classical dichotomy
C)short-run economic fluctuations
D)how changes in the money supply had created the Great Depression

Question

Quizplus · Accepted Answer

The General Theory attempted to explain short-run economic fluctuations, arguing that they were caused by inadequate demand and that government intervention could stimulate demand and improve employment levels. It did not directly address stagflation, the classical dichotomy, or the role of the money supply in causing the Great Depression.

What Did the General Theory, a 1936 Book by John