In explaining the level of unemployment, Keynes emphasized:

CA Foundation · Business Economics · RTP · January 2025
In explaining the level of unemployment, Keynes emphasized:
(A) A. Change 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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