What are key assumptions of neoclassical and keynesian model


Discussion:

1. what are Key assumptions of neoclassical and Keynesian model?

2. explain historical experiences motivating the classcial model?

3. explain historical experiences motivating the Keynesian model?

4. what is cost of captial? what is price of captial?

5. what is cost of labor? what is price of labor?

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Microeconomics: What are key assumptions of neoclassical and keynesian model
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