The General Theory of Employment, Interest, and Money

actual additional aggregate allow amount assets assume assumption average cash cause cent Chapter classical consumption corresponding course defined definition depends determine diminish direction discussion economic effective demand efficiency of capital employed entrepreneurs equal equilibrium equipment example excess existing expectation fact factors fall fluctuations follows forces full employment function further future given greater hold important income increase individual industry influence investment involves labour latter lead less liquidity marginal efficiency means measured ment money-wages Moreover namely natural output partly period position possible practical present production Professor profit propensity to consume proportion prospective purchase quantity of money rate of interest reached real wage reason reduction regard relation relatively result rise saving sense standard sufficient supply suppose theory tion trade unit user cost volume wage-unit wealth whilst whole yield