6 Outline the major economic problems that plagued the U.S. economy during the 1970s. How would each
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6 Outline the major economic problems that plagued the U.S. economy during the 1970s. How would each of the following explain these problems:
(a) Keynesians,
(b) monetarists,
(c) supply-side economists, and
(d) proponents of the rational expectations view? Are there substantial points of agreement among these alternative views? Explain.
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Related Book For
Essentials Of Economics
ISBN: 396414
2nd Edition
Authors: James D Gwartney; Richard Stroup; J R Clark
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