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According to Keynes,there Are Three Possibilities with Respect to Equilibrium

question 48

Short Answer

According to Keynes,there are three possibilities with respect to equilibrium GDP and full employment GDP.
(1)___________________________________________________ (2)___________________________________________________ and
(3)__________________________________________________.


Definitions:

Outer

Referring to the external part or surface of something.

Pericardial

Related to the pericardium, the membrane enclosing the heart.

Peri-

A prefix meaning around or near, used to denote vicinity to a specific body part or time relative to an event.

Around

In a position or movement encircling, near, or surrounding an object or area.

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