How were the Keynesian, Monetarist and New Classical theories of the economy synthesized to develop the New Keynesian Economics?

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter11: Fiscal Policy: The Keynesian View And Historical Development Of Macroeconomics
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How were the Keynesian, Monetarist and New Classical theories of the economy synthesized to develop the New Keynesian Economics?

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