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What is the primary factor that Keynes emphasized for increasing the level of employment and income in an economy?
  • a)
    Increasing government expenditure.
  • b)
    Reducing taxes.
  • c)
    Increasing exports.
  • d)
    Increasing investment expenditure.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What is the primary factor that Keynes emphasized for increasing the l...
Keynes emphasized that to increase the level of employment and income in an economy, it is essential to increase investment expenditure. Investment plays a critical role in raising the effective demand, which in turn leads to increased production and employment. According to Keynes, investment expenditure needs
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What is the primary factor that Keynes emphasized for increasing the level of employment and income in an economy?a)Increasing government expenditure.b)Reducing taxes.c)Increasing exports.d)Increasing investment expenditure.Correct answer is option 'D'. Can you explain this answer?
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