Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
macroeconomic model
|
| gptkbp:alsoKnownAs |
gptkb:Keynesian_cross
|
| gptkbp:assumes |
prices and wages are sticky
|
| gptkbp:basedOn |
theories of John Maynard Keynes
|
| gptkbp:component |
government spending
net exports consumption function investment function |
| gptkbp:contrastsWith |
classical economics
|
| gptkbp:criticizedFor |
gptkb:monetarists
gptkb:new_classical_economists |
| gptkbp:describes |
relationship between aggregate demand and output
|
| gptkbp:focusesOn |
short-run economic fluctuations
|
| gptkbp:graphicallyRepresentedBy |
gptkb:Keynesian_cross_diagram
|
| gptkbp:hasConcept |
aggregate demand determines output and employment
|
| https://www.w3.org/2000/01/rdf-schema#label |
Keynesian model
|
| gptkbp:implies |
government intervention can stabilize the economy
|
| gptkbp:influenced |
gptkb:IS-LM_model
modern macroeconomic policy |
| gptkbp:introducedIn |
1930s
|
| gptkbp:usedIn |
macroeconomic analysis
|
| gptkbp:bfsParent |
gptkb:Harrod–Domar_model
|
| gptkbp:bfsLayer |
6
|