According to the Keynesian theory of income and employment, national income depends upon :

CA Foundation · Business Economics · PYQS · September 2024
According to the Keynesian theory of income and employment, national income depends upon :
(A) A. Aggregate Effective Savings
(B) B. Aggregate Effective Supply
(C) C. Aggregate Effective Demand
(D) D. Aggregate Effective Production

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Aggregate Effective Demand

Topics: Theory of Demand and Supply, Determination of National Income

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