Briefly Explain the Schools of Thought That Dispute Keynesian or New

question 85

Essay

Briefly explain the schools of thought that dispute Keynesian or New Keynesian aggregate demand and aggregate supply modelling.
_____________________________________________________________________________________________
_____________________________________________________________________________________________

---

Definitions:

Lavage

A medical process of washing out an organ or cavity, often used for detoxification or to remove ingested poisons.

Sengstaken-Blakemore

A medical tube designed for the management of bleeding esophageal varices, used in emergency situations to control hemorrhage.

Ileostomy

A surgical operation where a part of the small intestine is diverted to an artificial opening in the abdominal wall, allowing waste to exit the body.

Increase Fluid

A medical or health recommendation to consume more liquids, typically water, to prevent dehydration or support bodily functions.