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Which concept does Keynes emphasize in his theory of business cycles?
- a)Marginal Cost (MC).
- b)Marginal Revenue (MR).
- c)Total Demand.
- d)Autonomous Investment.
Correct answer is option 'C'. Can you explain this answer?
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Which concept does Keynes emphasize in his theory of business cycles?a...
Keynes's theory of business cycles highlights the importance of total demand in determining economic fluctuations. According to Keynes, changes in total demand, which includes both consumer and capital goods demand, lead to changes in income, employment, and output. This emphasis on demand-side factors differentiates Keynesian theory from other theories that focus more on supply-side or monetary factors.
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Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer?
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Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer?.
Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which concept does Keynes emphasize in his theory of business cycles?a)Marginal Cost (MC).b)Marginal Revenue (MR).c)Total Demand.d)Autonomous Investment.Correct answer is option 'C'. Can you explain this answer?.
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