What determines the equilibrium rate of output in the Keynesian model? Why did Keynes think the Great

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What determines the equilibrium rate of output in the Keynesian model? Why did Keynes think the Great Depression lasted so long and the unemployment rate remained so high throughout the 1930s?

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 06, 2023 10:01 AM

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What determines the equilibrium rate of output in the Keynesian model? Why did Keynes think the Great

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Macroeconomics Private And Public Choice

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