Explain how the disconnect between saving and investment observed by Keynes could lead to a low-level equilibrium

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Explain how the “disconnect” between saving and investment observed by Keynes could lead to a “low-level equilibrium trap” for an economy.

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International Political Economy: Contrasting World Views

ISBN: 105711

1st Edition

Authors: Raymond Miller

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Question Posted: Nov 13, 2024 08:00 AM

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Explain how the disconnect between saving and investment observed by Keynes could lead to a low-level equilibrium trap for an economy.
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Explain how the disconnect between saving and investment observed by Keynes could lead to a low-level equilibrium

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International Political Economy: Contrasting World Views

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