Question

An economic theory which emphasizes the need to expand demand

Answer 1

Answer:

Because Keynesian economists believe the primary factor driving economic activity and short-term fluctuations is the demand for goods and services, the theory is sometimes called demand-side economics

Answer 2

Keynesian is the answer.

Explanation:

• Keynesian is known to be the theory that emphasizes the need to expand demand.
• And this is because Keynesian economists are very fond of the primary factors which derive the economic activity.
• It also believes that short-term fluctuations will result in the demand for goods and services.
• The theory is also known as demand-side economics.
• The law of Keynesian states that demand creates changes in real GDP, changes in demand caused, and employment.
• The zone of Keynesian occurs at low levels of output.