What is the key assumption of the basic Keynesian model? Explain why this assumption is needed if

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What is the key assumption of the basic Keynesian model? Explain why this assumption is needed if one is to accept the view that aggregate spending is a driving force behind short-term economic fluctuations.

(LO1)

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Principles Of Macroeconomics

ISBN: 9780415568685

2nd Brief Edition

Authors: Robert Frank, Ben Bernanke

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Question Posted: Nov 11, 2024 06:01 AM

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What is the key assumption of the basic Keynesian model? Explain why this assumption is needed if

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Principles Of Macroeconomics

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