Economy, asked by bitopankalita264, 10 months ago

Explain pre-keynesian approaches to the meaning of national income.

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Answered by Anonymous

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Keynesian economics is a theory that

says the government should increase

demand to boost growth. Keynesians

believe consumer demand is the primary

driving force in an economy. As a result,

the theory supports expansionary fiscal

policy. ... A drawback is that overdoing

Keynesian policies increases inflation.

Answered by Mysteryboy01

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Keynesian economic developed during and after great depression from the ideas presented by Keynes in his approach to the aggregate supply- focussed classical economic they preceded his book the interpretation of Keynes thet followed are contentious and several schools of economic thought claim his agency.

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Explain pre-keynesian approaches to the meaning of national income. ​

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Explain pre-keynesian approaches to the meaning of national income.