Texas Education Agency
Texas Gateway: 10: Keynes' Law and Say's Law in Aggregate Demand/supply Model
By the end of this section, you will be able to do the following: Identify the neoclassical zone, the intermediate zone, and the Keynesian zone in the AD/AS model and Use an AD/AS model as a diagnostic test to understand the current...
Texas Education Agency
Texas Gateway: Chapter 10: Macroeconomic Perspectives on Demand and Supply
By the end of this section, you will be able to do the following: Explain Say's Law and determine whether it applies in the short run or the long run and Explain Keynes' Law and determine whether it applies in the short run or the long run.