Statements (23)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:Keynesian_economics
|
gptkbp:assumes |
prices and wages are sticky
|
gptkbp:basisFor |
demand management
|
gptkbp:contrastsWith |
classical economics
|
gptkbp:criticizedFor |
monetarist economists
|
gptkbp:describedBy |
gptkb:The_General_Theory_of_Employment,_Interest_and_Money
|
gptkbp:developedBy |
gptkb:John_Maynard_Keynes
|
gptkbp:emergedIn |
1930s
|
gptkbp:emphasizes |
role of fiscal policy
|
gptkbp:focusesOn |
aggregate demand
|
https://www.w3.org/2000/01/rdf-schema#label |
Keynesian Theory
|
gptkbp:influenced |
gptkb:IS-LM_model
gptkb:Keynesian_cross gptkb:Phillips_curve New Deal policies macroeconomic policy modern macroeconomics post-World War II economic policy |
gptkbp:proposedBy |
government intervention in the economy
deficit spending during recessions |
gptkbp:bfsParent |
gptkb:Business_Cycles
|
gptkbp:bfsLayer |
6
|