Difference between classical and keynesian interest rate
Economy
Snehadeep8500
Question
Difference between classical and keynesian interest rate
1 Answer

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Keynesian theory, on the other hand, is more realistic as it considers the economies of less than full employment also. ... In fine, an important distinction between the Keynesian and classical theories of interest is that the former theory is completely stock theory whereas the latter is a completely flow theory.
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