Question

Macroeconomics was Popularised by ______

Options

• Alfred Marshal

• Keynes

• Both Alfred Marshal and Keynes

• None of the above

Answer 1

Macroeconomics was Popularised by Keynes

Explanation:

With the release of Keynes' book The General Theory of Employment, Interest, and Money in 1936, modern macroeconomics can be said to have begun. Keynes developed the concept of liquidity preferences and developed a broad theory of economics.