Question

Describe the salient features of Keynesian economic system

12 Mar 2023
Answer :
Word Count : 309

The Keynesian economic system is an economic theory developed by John Maynard Keynes, a British economist, during the Great Depression of the 1930s. The salient features of the Keynesian economic system are as follows:

  1. Importance of aggregate demand: Keynesian economics emphasizes the role of aggregate demand in the economy. ____ ________ _______ ____ __________ ____ ________ ___ _____ ________.
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Describe the salient features of Keynesian economic system

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