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1. What was the Classical Model answer to the Great Depression? 2. Who is John Maynard Keynes? 3. What are Leakages and Injections..why are they
1. What was the Classical Model answer to the Great Depression? 2. Who is John Maynard Keynes? 3. What are Leakages and Injections..why are they important to Keynes? 4. How is Investment determined according to the Classical Model? How is it determined according to Keynes? 5. Consider the following Data: MPS = 35 Autonomous spending is 200 What is the consumption function
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