Suppose that the economy is experiencing high levels of unemployment. What would be the traditional Keynesian policy

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Suppose that the economy is experiencing high levels of unemployment. What would be the traditional Keynesian policy recommendation to deal with this problem? What would the monetarists suggest? If the monetarists are correct, what would traditional policies do to the economy? If the traditional view is correct, what would the monetarist policies accomplish?

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Introductory Economics

ISBN: 386524

1st Edition

Authors: Michael Veseth

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