the Keynesian and New Keynesian models

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  • Determine whether it is      possible for a market to clear and not be in equilibrium. State why or why      not?
  • Discuss the relative merits of      the Keynesian and New Keynesian models and offer an opinion as to which is      superior. Support your answer

Discussion 1: “Macroeconomic Basics.” Please respond to the following:
Determine whether it is possible for a market to clear and not be in equilibrium. State why or why not?Discuss the relative merits of the Keynesian and New Keynesian models and offer an opinion as to which is superior. Support your answer