वित्त और विकास क्विज़
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Questions and Answers

What was the main plank of Keynes's theory?

  • Aggregate demand (correct)
  • Laissez-faire policy
  • Monetary policy
  • Supply-side economics

    • Who spearheaded a revolution in economic thinking during the Great Depression?

  • Milton Friedman
  • Karl Marx
  • Adam Smith
  • John Maynard Keynes (correct)

    • What was the prevailing idea that Keynes's theory overturned?

  • Monetary policy has no impact on the economy
  • Free markets would automatically provide full employment (correct)
  • Aggregate demand is irrelevant
  • Government intervention is unnecessary in the economy

    • During which period was existing economic theory unable to explain the causes of severe worldwide economic collapse?

    <p>Great Depression of the 1930s (A)</p> Signup and view all the answers

    What did Keynes assert was crucial in stabilizing the economy?

    <p>Aggregate demand (B)</p> Signup and view all the answers

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