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keynesians argument on aggregate demand and aggregate supply in belarus

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keynesians argument on aggregate demand and aggregate supply in belarus

These two Keynesian assumptionsthe importance of aggregate demand in causing recession and the stickiness of wages and pricesare illustrated by the AD–AS diagram in Figure 3 Note that because of the stickiness of wages and prices the aggregate supply curve is flatter than either supply curve labor or specific good...As a leading global manufacturer of crushing equipment, milling equipment,dressing equipment,drying equipment and briquette equipment etc. we offer advanced, rational solutions for any size-reduction requirements, including quarry, aggregate, grinding production and complete plant plan.