explain Keynesian theory
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Keynesian economics is a macroeconomic economic theory of total spending in the economy and its effects on output, employment, and inflation. ... Based on his theory, Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the depression
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hyyy
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Keyny's theory of the employment is based on the principle of the demand According to the keyney's the level of the employment is determined by effective demand which in turn is determined by aggregate demand function or aggregate demand price and aggregate supply function or aggregate supply price .
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