Author Question: Discuss what is meant by the neoclassical synthesis and explain how it emerged. What will be an ... (Read 18 times)

natalie2426

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Discuss what is meant by the neoclassical synthesis and explain how it emerged.
 
  What will be an ideal response?

Question 2

Explain what is meant by liquidity preference.
 
  What will be an ideal response?



vkodali

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Answer to Question 1

This is the title given to what was believed to be the emerging consensus in economics.

Answer to Question 2

Liquidity preference is the phrase Keynes gave to money demand.



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