If Says law holds, should the government try to smooth the effects of a boom and bust?
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If Say’s law holds, should the government try to smooth the effects of a boom and bust? Why or why not?
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Says law suggests that the economy will eventually selfcorrect and return to full employment even if there are temporary fluctuations in demand This s...View the full answer
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Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
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