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Learning Journal Unit 5Although not explicitly mentioned in Chapter 20, John Maynard Keynes is considered a foundational source in the understanding of macroeconomics. After performing research outside the textbook, please explain in three well-structured paragraphs the basic principles of the New Keynesian Economicsand how it addresses perceived limitations to classic Keynesian theory.oPeer-assess Unit 4 Written AssignmentoRead the Learning Guide and the Reading AssignmentoRead Chapter 11: The World of Imperfect CompetitionoSuggested reading: Introduction to Economic Analysis, pp. 234 – 242.oParticipate in the Discussion Assignment (post, comment, and rate in the Discussion Forum)oTake the Self-QuizUse the above checklist to write your journal. It will help you be organized in reflecting on your learning week. Remember to cite your sources for all your assignments.Source:-and-neokeynesian-economics.asp-economics/Answer: