How does Keynes explain the movement from disequilibrium position in the aggregate expenditure model?

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How does Keynes explain the
movement from disequilibrium
position in the aggregate
expenditure model?
PermalinkMark unreadReply
Transcribed Image Text:How does Keynes explain the movement from disequilibrium position in the aggregate expenditure model? PermalinkMark unreadReply
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A boom may be caused by increase in aggregate demand in an economy. Explain how increase in aggregate demand leads to a rise in national income. (Using circular flow if income).

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