Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all: 5. What is “Say’s Law” and how is it different from “Keynes’ Law”? How are these “laws”directly seen in the respective AD/AS models? Why is there such a huge disagreement aboutwhich “law” is correct?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter24: The Aggregate Demand/aggregate Supply Model
Section: Chapter Questions
Problem 58CTQ: Are Says law and Keynes law necessarily mutually exclusive?
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Use the Feynman technique throughout. Assume that you’re explaining the answer to someone who doesn’t know the topic at all:

5. What is “Say’s Law” and how is it different from “Keynes’ Law”? How are these “laws”
directly seen in the respective AD/AS models? Why is there such a huge disagreement about
which “law” is correct?

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