The model described the atom as a tiny, dense, positively charged core called a nucleus, in which nearly all the mass is concentrated, around which the light, negative constituents, called electrons, circulate at some distance, much like planets revolving around the Sun.
In the Keynesian theory, employment depends upon effective demand. Effective demand results in output. Output creates income. Income provides employment.
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The model described the atom as a tiny, dense, positively charged core called a nucleus, in which nearly all the mass is concentrated, around which the light, negative constituents, called electrons, circulate at some distance, much like planets revolving around the Sun.
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In the Keynesian theory, employment depends upon effective demand. Effective demand results in output. Output creates income. Income provides employment.
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