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indeed represent a faithful rendition of the analytical core of Keynes's General Theory and does belong more to the Marshall-Pigou-Keynes …-LL) approach. Hicks's treatment of the supply side Keynes's reaction to the different SI-LL models later developments of SI-LL by …
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In Chapter 3 of the General Theory, Keynes sketches out what he calls the essence of the General Theory of Employment …
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In Chapter 4 of the General Theory, Keynes discusses the units of measurement he will be using in the remainder of the …
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Chapters 8, 9 and 10 set out Keynestheory of consumer behavior. Chapter 8 is entitled The Propensity to Consume: I … Propensity to Consume and the Multiplier. Contrary to the widely held belief, Keynes saw the consumer as an intertemporally …
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