Keynesian Revolution Quiz

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By HaleNarrative

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15 Questions

What is the central argument of The General Theory?

What did The General Theory contribute to economic thought?

What was one consequence of The General Theory in economic policy interpretation?

What did Keynes deny about the economy in equilibrium?

What did The General Theory introduce as concepts?

What did The General Theory attack?

What did Keynes challenge in his book The General Theory of Employment, Interest and Money?

In which chapter of The General Theory does Keynes present his main theory?

What is the main focus of Book I: Introduction of The General Theory?

According to Keynes, what did the classical theory assume about the economic society?

What did Keynes emphasize by placing the prefix 'general' in the title of his book The General Theory of Employment, Interest and Money?

In what year did Keynes predict that his book would revolutionize the way the world thinks about its economic problems?

'I have called this book the General Theory of Employment, Interest and Money, placing the emphasis on the prefix general.' What did Keynes mean by this statement?

'The object of such a title is to contrast the character of my arguments and conclusions with those of the classical theory...' What did Keynes intend to achieve with the title 'The General Theory of Employment, Interest and Money'?

'The first chapter of the General theory (only half a page long) has a similarly radical tone.' What does this statement suggest about the tone of Keynes's book?

Description

Test your knowledge of the influential book 'The General Theory of Employment, Interest and Money' and its impact on economic thought and policy. Explore the concepts and terminology that emerged from the 'Keynesian Revolution'.

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