Without government intervention, would the economy uctuate more or less over the business cycle? Contrast the two

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Without government intervention, would the economy uctuate more or less over the business cycle? Contrast the two views on this issue. Be sure to address both the inherent stability of the market economy as well as the impact of government interventions to steer the economy.

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Microeconomics Private And Public Choice

ISBN: 9781305506893

16th Edition

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

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