[SOLUTION] Keynes Theory

Answer both of the following two questions:In the “State of Long-Term Expectations,” Keynes argued that “as the organization of investment market improves,” there was a growing risk for “the capital development of a country” to become “the by-product of the activities of a casino” (pp.158-159). Based on your reading of section 3 and 5 of the chapter, discuss why Keynes believed the development of financial markets could make the capitalist investment more unstable.      Based on your reading of Hunt, Chapter 15, explain what would happen to the economy if there is a large and sudden decline of investment (use verbal explanations, no graphs or equations are needed).According to the neoclassical theory of distribution, factors of production (labor and capital) are rewarded by their respective marginal productivity. During the Great Depression, real wage did not increase. Why was this observation (that real wage did not increase during the Depression) in contradiction with the neoclassical (and Keynes’s) theory of employment?      For the neoclassical theory of capital to be valid, the amount of capital has to be quantified independent of prices (that is, using variables other than prices).  Explain why aggregation of capital from different capital goods using their prices would result in self-contradiction for neoclassical economics (use verbal explanations, no graphs or equations are needed).(Everything under number 1 is one question and everything under number 2 is another question. All parts under both questions need to be answered)

 

So much stress and so little time? Take care of yourself: let us help you with your task on
[SOLUTION] Keynes Theory
Get a 20% Discount on this Paper
Get Help Now

Order Solution Now at a 15% Discount!

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with Do My Homeworkk
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Finance
Excellent. Thnk you
Customer 452443, October 22nd, 2021
Classic English Literature
Much appreciated - thank you very much!
Customer 452493, April 13th, 2022
Anthropology
Thank you
Customer 452445, August 20th, 2021
National Security Intelligence and Security Analysis
Timeliness
Customer 452457, November 3rd, 2021
Nursing
Excellent! Followed directions and completed a great paper
Customer 452445, August 22nd, 2021
Nursing
Good work, professional and beat the deadline. Thank you so very much
Customer 452445, August 24th, 2021
Education
Looks good. Thank you!
Customer 452523, September 27th, 2022
Classic English Literature
THANK YOU SO MUCH!!!! :)
Customer 452493, April 19th, 2022
Other
THANK YOU SO MUCH!
Customer 452493, May 16th, 2022
Business and administrative studies
Thank you so much for your help!!!!!
Customer 452519, November 9th, 2022
Finance
Wow! I should never have doubted you guys. Thank you for the excellent grade
Customer 452443, August 27th, 2021
Business Studies
I can't even explain how much your help meant to me. Thnk you always
Customer 452443, November 15th, 2021
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Order your essay today and save 15% with the discount code ESSAYHELP