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EEB Unit1and2 PPTs by Waleed Khan is a document available to read on EtoBox.
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The document discusses the concepts of aggregate demand and supply, focusing on inflationary and deflationary gaps as introduced by Keynes. It explains how excess demand leads to inflationary gaps, while insufficient demand results in deflationary gaps, affecting employment and economic equilibrium. Additionally, it covers Keynesian theories on effective demand, the multiplier and accelerator concepts, and their roles in influencing national income and investment levels.
- Author
- Waleed Khan
- Language
- EN