WBCS.LIVE practice question

'The General Theory of Employment, Interest and Money' was written by which economist?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Adam Smith
  2. John Maynard Keynes
  3. Amartya Sen
  4. David Ricardo

Correct answer and explanation

Correct answer: John Maynard Keynes

Explanation: āœ… Correct Answer: (B) John Maynard Keynes šŸ“š Explanation: Published in 1936, this book by J.M. Keynes is considered one of the most influential works in economics. It laid the foundation for modern Macroeconomics (Keynesian Economics). Keynes argued that government intervention is necessary during economic recessions to stimulate demand and achieve full employment. Adam Smith is known for 'The Wealth of Nations'.