Question: John Maynard Keynes is considered a foundational source in the understanding of macroeconomics.Please explain in three well-structured paragraphs the basic principles of the New Keynesian

John Maynard Keynes is considered a foundational source in the understanding of macroeconomics.Please explain in three well-structured paragraphs the basic principles of theNew Keynesian Economicsand how it addresses perceived limitations to classic Keynesian theory.

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