Keynes assumed the presence of --------- economy for the fundamental law of consumption
A)capitalistic
B)socialistic
C)planned
D)none of the above

Question

Quizplus · Accepted Answer

Keynes assumed the presence of a capitalistic economy for the fundamental law of consumption, as his theories primarily address the dynamics and issues within capitalist systems, focusing on aspects like investment, consumption, and the role of government intervention to mitigate economic downturns.

Keynes Assumed the Presence of --------- Economy for the Fundamental