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Keynes by PRIYANSHI AGRAWAL 1933360 is a document available to read on EtoBox.

What is Keynes about?

Keynes developed his theory of income and employment during the Great Depression to explain unemployment. The theory argues that aggregate demand determines the level of income and employment in an economy. When aggregate demand is equal to aggregate supply, the economy reaches equilibrium. However, this equilibrium level does not necessarily mean full employment. The key assumptions of Keynes

Author

PRIYANSHI AGRAWAL 1933360

Language

EN