Capitalist depression - consumption function

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Please write this note in your own words, please no citation. Just find information from the book and transfer what you get to your own words.

Reading guide Keynes p. 408-415
• Capitalist Depression
o Wage and marginal productivity?
o Keynes's two departures
o Consumption function?
o Explain what determine interest rate
- Demand and supply of money?
- Liquidity preferences?
o Figure 15.3 depicts depression?
- What are the solutions?
o Figure 15.4, 15.5 depict depression too?
- What are the differences to figure 15.3?
- What is the solution?
o Role of government?

Textbook:- History of Economic Thought A CRITICAL PERSPECTIVE THIRD EDITION by E.K. Hunt and Mark Lautzenheiser

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Keynesian principles and the policies make up the issues of the discussion in the current report. The discussion about the wages, depression etc are based on the concepts taken from economic history. There is also discussion on the role of the government to take care of the situation of depression.

Reference no: EM131572691

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Capitalist depression - consumption function : Please write this note in your own words, please no citation. Just find information from the book and transfer what you get to your own words - Reading guide Keynes
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inf1572691

8/12/2017 6:15:49 AM

Very good work. Much obliged to you for rolling out the improvements after I ask for update from the expert! Thanks to you for the nature of client administration that you give.

len1572691

7/20/2017 8:47:14 AM

Please write this note in your own words, please no citation. I will not accept it with any references. Just find information from the book I have uploaded, and transfer what you get to your own words. Thank you so much. There is no words limit, so I am not sure how many words it should be. If you can control it more than two pages, that will be good. By the way, this is not an essay, it is just a reading note assignment. so you don’t need to worry about the formatting or something, all I need is showing the teacher that you read the book and get the information from book. Thanks.

len1572691

7/20/2017 8:47:05 AM

If you can find the same expert that will be great. This assignment is belong to a economic history course, there is no history Econ subject make sure expert can handle it before take it. Please read the guide carefully and remember no citation please, thank you.

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