1. What determines the equilibrium rate of output in the Keynesian model? Why did Keynes think the...
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1. What determines the equilibrium rate of output in the Keynesian model? Why did Keynes think the Great Depression lasted so long and the unemployment rate remained so high throughout the 1930s?
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9781111970628
14th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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