In pre-keynesian economics

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Reference no: EM13892080

1) In pre-Keynesian economics, it was generally believed that the demand for labor would equal the supply of labor such that unemployment would not be a serious problem. Demonstrate this argument both graphically and verbally.

2) In pre-Keynesian economics, it was assumed that investment would equal saving. Demonstrate graphically and verbally how this equality was to be achieved.

Reference no: EM13892080

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