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KEYNES' THEORY AND EXPECTATIONS:
Expectations played a major role in Keynes' theory of the determination of aggregate output and employment in market economies in the short run. Expectations about future yields on investment projects underlie 'the marginal efficiency of capital' schedule. However, the volatile nature of these expectations plays a major role in explaining why investment expenditure and therefore output and employment in market economies are subject to fluctuations.
On what kind of income is our taxing system based?
Aska) Summarize the basic tenets of the arguments in thiscase b) Do you agree with main tenets of the arguments in the case? Why? Justify your answer with detailed explanations.
Q. State the Keynesian Theory of employment? Under employment Theory, Govt interference Aggregate Demand- Aggregate supply- Effective demand, Income and employment consumption
a severe restriction occurs to the availability of consumer credit throughout the banking and finance system
how is price and output equilibrium determined in Williamson''s model of managerial discretion?
what does it mean by a normal good ?
I want to know all about equilibruim consumer equilibruim firms equilibruim nd market equilibruim technically also??
law of diminishing marginal utility its assumptions, limitation, and its practical importance
Double Jeopardy A condition where an entrepreneur's main source of income and net worth depend on the entrepreneur's organization.
The demand for every productive resources is a derived demand. By derived demand it is meant that it is the output of the resource and not the resource itself for which is a deman
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