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Virginia State University Economic Contributions of John Maynard Keynes Questions

Virginia State University Economic Contributions of John Maynard Keynes Questions

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Question 1: Consider the GDP data from 2006 through 2020. Using bullet points, list and explain macroeconomic observations from the data. Use sound economic logic to explain how the data relate to relevant economic concepts.

Question 2: John Maynard Keynes was a British economist who wrote extensively during the Great Depression. Watch the economics USA video (https://www.learner.org/series/economics-ua-21st-c… ) about the Great Depression and John Maynard Keynes. Using bullet points, list 15 or 20 economic observations from the content and data discussed in the video. Explain in detail the economic contributions of John Maynard Keynes and how Keynesian economics changed macroeconomic thinking and government policy.

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