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Let us return to the employment function. We have assumed in the foregoing that to every level or aggregate effective demand there corresponds a unique distribution of effective demand between the products of each individual industry. Now, as aggregate expenditure changes, the corresponding expenditure on the products of an individual industry will not, in general, change in the same proportion.
— The General Theory of Employment, interest and Money
 (book)
by J. M. Keynes
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| Language: | English |
| Submitted by: | spondulix |
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