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According to Keynesian economists what is (are) the effect(s) of expansionary fiscal policy on prices if an economy is in equilibrium with no inflationary or
According to Keynesian economists what is (are) the effect(s) of expansionary fiscal policy on prices if an economy is in equilibrium with no inflationary or recessionary gap?
Keynesian and Classicaleconomists agree on how the economy works in the long-run. True or False? Briefly explain the reason why the statement is true or false.
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