By keeping his attention focused on macroeconomic aggregates, like total consumption and total investment, and by a deliberate simplification of the relations between these economic variables, Keynes achieved a powerful model that could be applied to a wide range of practical problems. ...

• Word Count: 1299
• Approx Pages: 5
• Grade Level: Undergraduate

Ever since the year 2007, America has been constantly struggling with keeping the balance of wealth between its low/middle class and its one-percenters.  One question that I want an answer for is: Why do the one-percenters hold onto their excessive amounts of wealth when they know it hurts the eco...

• Word Count: 1638
• Approx Pages: 7
• Grade Level: High School

By keeping his attention focused on macroeconomic aggregates, like total consumption and total investment, and by a deliberate simplification of the relations between these economic variables, Keynes achieved a powerful model that could be applied to a wide range of practical problems. ...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate