In the Keynesian analysis of macroeconomic equilibrium,the key determinant of real GDP is

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In the Keynesian analysis, aggregate demand is the key determinant of real GDP. This is because the level of real GDP is determined by the level of aggregate demand in the economy. When aggregate demand increases, it leads to an increase in output and employment, and when it decreases, it leads to a decrease in output and employment. Therefore, managing aggregate demand through fiscal and monetary policies is crucial for maintaining macroeconomic equilibrium.

In the Keynesian Analysis of Macroeconomic Equilibrium,the Key Determinant of Real