Capitalist depression - wage and marginal productivity

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Reference no: EM131570092 , Length: 3

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

Reference no: EM131570092

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len1570092

7/19/2017 3:31:58 AM

If you can find the same expert who did previous, 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. 2-3 pages maybe. no word limits.

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