Keynesian economics gets its name, theories, and principles from British economist John Maynard Keynes (1883â1946), who is regarded as the founder of modern macroeconomics. His most famous work, The General Theory of Employment, Interest and Money, was published in 1936.herefore, Keynesian economics supports a mixed economy guided mainly by the private sector but partly operated by the government. â¢ Prices, and especially wages, respond slowly to changes in supply and demand, resulting in periodic shortages and surpluses, especially of labor.
hello | definition: an expression of greeting | synonyms: how-do-you-do, howdy, greeting, hullo, hi, salutation
Acquaintance with the vocabulary of the English language is a necessity for effective expression either in written or in an oral from. Synonyms are nothing but the similar meanings of a particular word or its semantic relation. A Synonym is a word or a phrase that means the same as another word or a phrase in the same language. Antonyms are the negative connotation of a particular word. An Antonym is a word or phrase that is opposite in meaning to a particular word or a phrase in the same language.