KEYNESIAN THEORY OF INCOME AND EMPLOYMENT

Institution MASENO UNIVERSITY
Course BACHELOR OF ECONOMIC...
Year 1st Year
Semester Unknown
Posted By Brian Mike
File Type pdf
Pages 7 Pages
File Size 206.18 KB
Views 2921
Downloads 0
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Description

The fundamental point of the Keynesian theory of income and employment is that employment is a function of income; the greater the level of national income, the greater the volume of employment and vice versa.
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