#### Aggregate Supply and Demand Analysis since Keynes: A ...

Aggregate Supply function (the capital letters are his) as Z = ¢(N), where Z is the aggregate supply price of the output from employing N workers. Similarly, the Aggregate Demand function is D =f(N), where D repre-sents "the proceeds which entrepreneurs expect to receive from the employment of N men." If D is greater than Z, they have an incentive