The main plank of Keynes’s theory, which has come to bear his name, is the assertion that aggregate ... If government spending increases, for example, and all other spending components remain constant ...
Keynesian economic theory stresses a few main points and also lays out certain measures that could be undertaken to implement Keynes’ theory. Aggregate demand refers to total spending for all ...
However, while they may speak the same language, Keynesian and ... argument is that aggregate economic demand, which includes household, business and government spending, is the most important ...