Consumption Expenditure and Equilibrium GDP with Durable Capital Goods

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Recommended Reading:

  • Powerpoint presentation
  • Keynes, General Theory, Ch. 3
  • Alvin Hansen, A Guide to Keynes, Ch.1
  • Dudley Dillard, The Economics of John Maynard Keynes, Ch. 3
  • Paul Samuelson, Economics (11th edition), Ch. 12, p. 209-219
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