Question
1.County Z is experiencing the problem of high unemployment and low Real GDP. a) According to Classical Economists, what should Country Z do to tackle
1.County Z is experiencing the problem of high unemployment and low Real GDP.
a) According to Classical Economists, what should Country Z do to tackle this problem? Use the AD-AS model (diagram) to discuss in detail.
b) According to Keynesian Economists, what should Country Z do to tackle this problem? Use the AD-AS model (diagram) to discuss in detail.
2.According to your opinion, has the budget deficit of Bangladesh increased or decreased during the coronavirus pandemic? Explain the reason behind your answer.
3.Why did John Maynard Keynes decide to develop his own model? Discuss in detail
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
