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Q: Which economist has written the book "The General Theory of Employment, Interest and Money (1936)"?
  • A. Vincent Crawford
  • B. Adam Smith
  • C. John Maynard Keynes
  • D. Milton Friedman
Correct Answer: Option C - ): 'The General Theory of Employment, Interest and Money' is a book written by English Economist John Maynard Keynes published in February 1936. The central argument of book is that, the level of employment is determined not by the price of labor as in classical economics, but by the level of aggregate demand.
C. ): 'The General Theory of Employment, Interest and Money' is a book written by English Economist John Maynard Keynes published in February 1936. The central argument of book is that, the level of employment is determined not by the price of labor as in classical economics, but by the level of aggregate demand.

Explanations:

): 'The General Theory of Employment, Interest and Money' is a book written by English Economist John Maynard Keynes published in February 1936. The central argument of book is that, the level of employment is determined not by the price of labor as in classical economics, but by the level of aggregate demand.