In explaining the level of unemployment, Keynes emphasized, -

CA Foundation · Business Economics · MTP · January 2026
In explaining the level of unemployment, Keynes emphasized, -
(A) A. Changes in technology.
(B) B. Aggregate demand.
(C) C. Inflationary expectations.
(D) D. Lending by financial institutions.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Aggregate demand.

Topics: Determination of National Income

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