5 Questions
What is the title of the book by John Maynard Keynes published in February 1936?
The General Theory of Employment, Interest and Money
What did The General Theory contribute to economic policy?
Theoretical support for government spending and budgetary deficits
What concept did The General Theory introduce that gave new prominence to the multiplier and the marginal efficiency of capital?
The principle of effective demand
What did Keynes deny about an economy's automatic adaptation?
That it would automatically adapt to provide full employment even in equilibrium
According to The General Theory, what determines the level of employment?
The level of aggregate demand
Test your knowledge of Keynesian economics and the "Keynesian Revolution" with this quiz on John Maynard Keynes' influential book, "The General Theory of Employment, Interest and Money." Explore the key concepts and terminology that shaped macroeconomics and economic policy.
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