The Aggregate Supply Function in Keynes's General Theory

摘要: Publisher Summary This chapter reviews the aggregate supply function in Keyne's general theory. Although Keynes (1936) devoted little attention to General Theory, he was keenly aware of its importance. The function, for all importance Keynes, received relatively space Theory. Subsequently, opinions clearly differ as those features Keynes's Theory that gave it special novelty. his Treatise on Money (Keynes, 1930) sketched beginnings analysis role what later called demand and showed how determined. (ASF) bridged two branches economics: (1) money theory (2) value defines notion price output a given amount employment expectation proceeds which will make worth while entrepreneurs give employment. any then is lead produce output. relationship between various levels expectations would induce them available.