Which of the following statements pertaining to John Maynard Keynes is true?
A) Keynes provided a theory that was able to explain the Great Depression.
B) Keynes first achieved notoriety when he published the General Theory of Employment,Interest and Money.
C) Keynes was not aware of the relationship between money and inflation.
D) By 1965,most economists had forgotten about Keynes.
E) All of these
Correct Answer:
Verified
Q105: If government expenditures decrease, the expenditure line
Q106: The most influential book by John Maynard
Q106: The slope of the expenditure line is
A)greater
Q107: Keynes was unaware of the relationship between
Q107: An increase in lump-sum taxes results in
A)both
Q109: A decline in government spending causes consumption
Q113: An increase in investment results in
A)a downward
Q116: An increase in the marginal propensity to
Q117: Each of the four spending components depends
Q118: If adding net exports to C +
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents