7 Why did the early followers of Keynes believe that m onetary policy would be ineffective during...

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7 Why did the early followers of Keynes believe that m onetary policy would be ineffective during a recession? Why did they believe that at such a time market economies would be plagued by stagnation? Why do most Keynesians reject these views today?

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Macroeconomics Private And Public Choice

ISBN: 9780123110718

3rd Edition

Authors: James D Gwartney

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Question Posted: Oct 25, 2024 05:01 AM

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Macroeconomics Private And Public Choice

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