Keynesians explain cyclical fluctuations in growth in terms of

Name: Keynesians explain cyclical fluctuations in growth in terms of
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Keynesians attribute cyclical fluctuations in economic growth primarily to changes in aggregate demand, not to changes in the money supply (quantity theory), imperfections in labor markets, or shifts in aggregate supply. They argue that variations in investment, government spending, and consumer spending can lead to cycles of economic expansion and contraction.

Keynesians Explain Cyclical Fluctuations in Growth in Terms of