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Question
In Keynes's theory of employment and income, ………….. is the basic cause of economic depression.
Options
Less production
More demand
Inelastic supply
Less aggregate demand in relation to productive capacity.
MCQ
Fill in the Blanks
Solution
In Keynes's theory of employment and income, less aggregate demand in relation to productive capacity is the basic cause of economic depression.
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Keynes’ Theory of Employment and Income
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