Examlex
Name two things that Keynes was the first to recognize with respect to the macroeconomy.
Nominal GDP
The market value of all final goods and services produced within a country in a given period, measured using current prices.
Money Supply
The full extent of financial assets at hand in an economy during a specific period.
Interest Rate
The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on savings.
Money Supply
The total amount of money available in an economy at a specific time, including cash and deposits.
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