Keynes believed that the cause of persistent high unemployment ultimately lay in the inadequate demand for goods.

Name: Keynes believed that the cause of persistent high unemployment ultimately lay in the inadequate demand for goods.
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This is a key tenet of Keynesian economics, which argues that government intervention through fiscal policy (such as increasing government spending or cutting taxes) can stimulate demand and reduce unemployment.

Keynes Believed That the Cause of Persistent High Unemployment Ultimately