Jim says, I think its a little like when you have a cold or the flu. You

Question:

Jim says, “I think it’s a little like when you have a cold or the flu. You don’t need to see a doctor. In time, your body heals itself. That’s sort of the way the economy works too. We don’t really need government coming to our rescue every time the economy gets a cold.” According to Jim, how does the economy work?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9780324785500

9th Edition

Authors: Roger A. Arnold

Question Posted: