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The General Theory by Keynes argues by stating that the intensity of employment is established, not by the cost of labor like in neoclassical economics, but it is denoted by the spending of money. He further states that there will be full employment in the competitive markets in the long run is a wrong assumption. One inference of The General Theory is that a need for competition is not the basic problem and steps taken to decrease unemployment by reducing wages are not only unsympathetic but eventually useless.

The General Theory was so radical  due to the various evidences which Keynes put forward. He was able to show that it was feasible for a free market economy of some states where workers and machines remain idle for lingering periods of time.

While you are a student you will no doubt have to do a lot of mathematical calculations involving this theory. A lot of homework has to be completed. But do not worry Assignmentwriting.org a part of PupilBay, will help you with your homework that too at a very less cost.

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