Keynesian theory is referred to as a:
A) Supply-side theory.
B) Demand-side theory.
C) Full-employment theory.
D) GDP gap theory.

Name: Keynesian theory is referred to as a: A) Supply-side theory. B) Demand-side theory. C) Full-employment theory. D) GDP gap theory.
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Question

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Keynesian theory emphasizes the importance of demand in driving economic growth and argues for government intervention to stimulate demand during times of economic downturn. This makes it a demand-side theory.

Keynesian Theory Is Referred to as A