For Keynes,the Most Important Determinant of Employment and Output Is

question 136

Short Answer

For Keynes,the most important determinant of employment and output is ____.

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Definitions:

Social Position

The rank or status of an individual within the hierarchy of society, often determined by factors such as occupation, income, education, and family background.

Slave-Labor System

An economic system that relies on the forced labor of enslaved individuals, historically used in the Americas for agricultural and other labor-intensive activities.

Free Blacks

African Americans who were not enslaved, living freely in the United States especially before and during the Civil War, often facing legal and social restrictions.

Skilled Laborers

Workers who have specialized training or expertise in a particular trade or job, often requiring specific qualifications.