Question

Keynesian theory of income determination by

Answer 1

Heya....

Keynesian theory of equilibrium implies that level of employment decide the equilibrium...

Income theory is determined by

S= I approach...

When total savings get concerted into investment..

-- Be Brainly...

Answer 2

Keynesian Theory of Income determination. According to Keynes' own theory of income and employment: "In the short period, level of national income and so of employment is determined by aggregate demand and aggregate supply in the country. ... This equilibrium is also called effective demand point"

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