A keynesian term for a relation between the changes in demand for consumer goods and changes in the demand for capital goods
A type of inventory investment when customers buy a different amount of product than expected
A keynesian term for a relation between the changes in consumption and changes in output
A situation with a very high levels of unemployment and very low levels of output, compared to the historical average
A neoclassical term for balance between the output, spendings and income
Keynesian cross diagram shows the relationship between aggregate demand and aggregate...
Author of the Absolute Income Hypothesis