EBK ECONOMICS
EBK ECONOMICS
13th Edition
ISBN: 8220106798607
Author: Arnold
Publisher: CENGAGE L
Question
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Chapter 10, Problem 4WNG

(a)

To determine

According to Keynes, why the aggregate demand is insufficient to bring about the full employment output level.

(b)

To determine

Decrease in consumption is not matched by increase in investment.

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