According to Keynes,at equilibrium,aggregate demand will always equal each of the following EXCEPT

Question

Quizplus · Accepted Answer

Keynesian economics posits that at equilibrium, aggregate demand equals aggregate supply and is represented by C + I (consumption + investment) or C + S (consumption + savings). However, it does not necessarily equal full employment GDP, as Keynes highlighted situations where an economy can be in equilibrium (aggregate demand equals aggregate supply) without achieving full employment.

According to Keynes,at Equilibrium,aggregate Demand Will Always Equal Each of the Following