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

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What is the key assumption of basic Keynesian theory? 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. (LO5)

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Principles Of Economics A Streamlined Approach

ISBN: 9780078021824

3rd Edition

Authors: Robert Frank, Ben Bernanke, Kate Antonovics, Ori Heffetz

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