LO 3 Some macroeconomists have argued that it would be beneicial for the government to run a

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LO 3 Some macroeconomists have argued that it would be beneicial for the government to run a deicit when the economy is in a recession, and a surplus during a boom. Does this make sense?

Carefully explain why or why not, using the New Keynesian model.

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Macroeconomics

ISBN: 9781292215792

6th Global Edition

Authors: Stephen Williamson

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Question Posted: Oct 14, 2024 10:00 AM

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LO 3 Some macroeconomists have argued that it would be beneicial for the government to run a

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Macroeconomics

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