When an economy is in a recession, will market forces help direct it back to full employment?

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When an economy is in a recession, will market forces help direct it back to full employment? If so, how rapidly will this adjustment process work?

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Macroeconomics Private And Public Choice

ISBN: 9780538754286

13th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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