Question
1. why did Keynes emphasize that his theory was a general one? What criticisms did he have of the classical economists. 2. Why would employers
1. why did Keynes emphasize that his theory was a general one? What criticisms did he have of the classical economists.
2. Why would employers "make a loss" if the whole of the increased employment were devoted to satisfying the increased demand for immediate consumption.
3. what determines:
(a) the equilibrium level of investment.
(b) the amount of current investment.
4. how does Keynes refute Say's law
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Business Its Legal Ethical and Global Environment
Authors: Marianne M. Jennings
11th edition
1337103578, 978-1337514392, 133751439X, 978-0357690130, 978-1337103572
