Summary to THE GENERAL THEORY OF THE RATE OF INTEREST

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instruction

Find the most current data about the following key macroeconomic variables:

Employment
GDP
Government Expenditure
Savings
Investment
Wages (Nominal and real)
The general level of prices
Inflation
Interest Rate (Nominal and real)
Labor productivity
Money Supply
Consumption
Investment
Other information that you consider pertinent
Use this information in order to describe the right economic policy in order to create employment from two points of view: 1) The Classics (which includes Mankiw) and 2) Keynes’ General Theory. Clearly explain the differences between both theoretical approaches. Clearly explain with graphs which kind of trends would you expect in all these economic variables as a result of the economic policies proposed. You must use graphs and equations in your explanations.