McqMate
| Q. |
The main emphasis of Keynesian economics is on - |
| A. | Expenditure |
| B. | Exchange |
| C. | Foreign trade |
| D. | Taxation |
| Answer» A. Expenditure | |
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Explanation: Keynesian Economics is an economic theory of total spending in the economy and its effects on output and inflation. It emphasizes that government expenditures (or tax cuts) leads to increase in GDP which is a multiple of the original expenditure. |
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