According to the lectures which of the following ideas are

Last updated: 5/7/2023

According to the lectures which of the following ideas are representative of neo classical orthodox theory which are representative of post Keynesian heterodox theory and which are shared by both theories The loanable funds market Capitalist economies tend to full employment at least in the long run Saving is a leakage out of and investment is an injection into the spending flow Output income and employment fall when money saved exceeds intended investment until savings equals investment In the long run we re all dead The paradox of thrift