According to Keynes, fluctuations in economic activity are due to fluctuations in:

CA Foundation · Business Economics · MTP · September 2026
According to Keynes, fluctuations in economic activity are due to fluctuations in:
(A) A. Supply of resources
(B) B. Aggregate effective demand
(C) C. Price
(D) D. Money supply

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Aggregate effective demand

Topics: Business Cycles

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