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Classical economic model and the keynesian economic model

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Conduct a thorough analysis of both the classical economic model and the Keynesian economic model. Describe the impact on the aggregate demand and supply curves, along with the impact on inflation and unemployment.

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The discussion is about the conceptual difference between the classical theory and keynesian theory of economics. Also presented in the discussion is about the theory proposed by each of these models on the concepts of inflation, unemployment and aggregate demand and supply functions.

Reference no: EM13771641

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