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If we examine the details of any actual instance of the trade cycle, we shall find that it is highly complex and that every element in our analysis will be required for its complete explanation. In particular we shall find that fluctuations in the propensity to consume, in the state of liquidity-preference, and in the marginal efficiency of capital have all played a part.
— 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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