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What is says law

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Reference no: EM133204203 , Length: 3 Pages

Assignment:

1. What is Say's law?

2. Explain why Keynesian theory upends Classical theory.

3. Explain why LRAS does not change even if the price level (PL) changes.

4. Why wages tend to be "sticky?"

5. According to Keynes, how can the economy grow in the short run?

Reference no: EM133204203

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