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Q: What are some flaws of the Keynesian theory?
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What is the limitation of keynesian investment multiplier?

limitation of keynesian theory??


What is the key to maintaining full employment in Keynesian theory?

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What does the Keynesian economic theory suggest?

That the government oversee and regulate the balance of the economy.


Advantage and disadvantage of keynesian theory?

Disadvantages: -crowding-out effect -time-lag -deficit spending


What does Keynesian revolution mean?

Keynesian is an economics term that refers to advocated government monetary and fiscal programs intended to stimulate business activity and increase employment.


What are the relevance of keynesian's economic theory?

unemployment in developing countries results from fall in aggregated and foreign demand


What economic theories supports an increase in government spending in order to benefit private industries?

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What has the author Shozaburo Fujino written?

Shozaburo Fujino has written: 'A Neo-Keynesian theory of inflation and economic growth'


The theory that government spending should increase during business slumps and curbed during booms is referred to as?

Keynesian Economics


What has the author G R Steele written?

G. R. Steele has written: 'Keynes and Hayek' 'Monetarism and the demise of Keynesian economics' -- subject(s): Chicago school of economics, Classical school of economics, Keynesian economics, Quantity theory of money


Were the flaws in Democritus's theory?

A lot of stuff... bad bad stuff


What are the flaws in communist theory?

There are a number of flaws in communist theory. This include abolition of rights to inherit or own property and denying emigrants and rebels any chance of having properties which is confiscated among others.