Explain GDP cycles from a Keynesian perspective?

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Arundhati · Accepted Answer

Running head: ECOMONICS	
ECOMONICS
Economics can be considered as a study, which is, related to the context that how human makes each decision in the face of scarcity. The concept of GDP cycle in the working of the Keynesian perspective can be considered very much vital (Kreps, D.M., 2019). Few of the point of differenetion, which can be stated in the context of the Keynesian view and monetarist view, are stated below taking into consideration the factor of key points relating to the GDP aspect.

Explain GDP cycles from a Keynesian perspective?

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