Describe the policy change that a classical macroeconomist, a Keynesian, and a monetarist would recommend for U.S.

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Describe the policy change that a classical macroeconomist, a Keynesian, and a monetarist would recommend for U.S. policymakers to adopt in response to each of the following events:

a. Growth in the world economy slows.

b. The world price of oil rises.

c. U.S. labor productivity declines.

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Macroeconomics

ISBN: 125367

12th Global Edition

Authors: Michael Parkin

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