Effective Demand and Income Distribution

Sidney Weintraub

Chapter 3 in Distribution, Effective Demand and International Economic Relations, 1983, pp 104-111 from Palgrave Macmillan

Abstract: Abstract Keynes’ initial, and primary, reference to Effective Demand reads as follows: The value of D at the point of the aggregate demand function, where it is intersected by the aggregate supply function, will be called the effective demand (1936, p. 25; emphasis in original).

Keywords: Income Distribution; Fiscal Policy; Money Supply; Wage Earner; Wage Bill (search for similar items in EconPapers)
Date: 1983
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DOI: 10.1007/978-1-349-17177-4_3

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