Keynes argued that the decline of the total demand is the cause that led to the crisis. Therefore, the theory of Keynes emphasized the total demand of the economy, the need to raise the total demand to stimulate the economy. The total requirements are defined by four basic components with AD = C + I + G + NX, where Y: GDPC: Personal consumption expendituresI: gross private domestic InvestmentG: Government PurchasesX: ExportsM: Imports
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