The Keynesian aggregate supply model does not take into account what aspect of human behavior that is factored into later assumptions?

Question

Quizplus · Accepted Answer

The Keynesian aggregate supply model primarily focuses on the short term and assumes that people do not anticipate future events or changes in policy when making economic decisions. Later models, such as the New Keynesian and Rational Expectations models, incorporate the idea that people anticipate the future and adjust their behavior accordingly.

The Keynesian Aggregate Supply Model Does Not Take into Account