Keynes Believed That for Aggregate Supply to Equal Aggregate Demand

question 204

Short Answer

Keynes believed that for aggregate supply to equal aggregate demand at equilibrium GDP a necessary condition was that total _______ and total _______ must be equal.

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Definitions:

Legal

Pertaining to the system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Worker Dissatisfaction

Describes a state where employees are unhappy or frustrated with their job conditions, management, pay, or other workplace issues.

Work Environment

The setting, conditions, and atmosphere in which an individual performs their job.

Continuous Process Improvement

A method aimed at constantly enhancing processes within an organization to achieve more efficient results and higher quality.