Economy, asked by santhisnogmailcom, 2 months ago

keynes attributes unemployment to​

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Answered by nayonikadutta007
0

Answer:

Keynes's early writings

In it, he attributes unemployment to wage stickiness and treats saving and investment as governed by independent decisions: the former varying positively with the interest rate, the latter negatively. The velocity of circulation is expressed as a function of the rate of interest.

Answered by bhavyarai11dec2009
0

Answer:

Kenee's early writings

*Explanation

in it ,he attributes unemployment to wage stickiness and treats saving and investment as governed by independent decisions: the former varying positively with the interest rate, the latter negatively. The velocity of circulation is expressed as a function of the rate of interest.

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