Question

The year in which J.M. Keynes published his book 'The General Theory of Employment, Interest and Money'.

• A. 1936
• B. 1930
• C. 1945
• D. 1929

Hint:

Keynes' "The General Theory" was a pivotal work in macroeconomics, published in 1936, and laid the foundation for much of modern economic thought.

Answer 1

The Correct Option is A

Step 1: Understanding the publication of Keynes' book.
John Maynard Keynes published his influential book "The General Theory of Employment, Interest and Money" in 1936. This work revolutionized economic thought, especially in the context of macroeconomics and the role of government in managing the economy.
Step 2: Evaluation of options.

• (A) 1936: Correct. The book was indeed published in 1936.
• (B) 1930: Incorrect. This was too early, and Keynes had not yet written this work.
• (C) 1945: Incorrect. This was after the publication of the book.
• (D) 1929: Incorrect. The book was published after this year, not before.

Step 3: Conclusion.
Thus, the correct year for the publication of "The General Theory" is 1936. Final Answer: 1936.