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I need help in getting this question answered: The economy is in a recessionary gap: What would a classical economist see as the long run
I need help in getting this question answered:
The economy is in a recessionary gap:
What would a classical economist see as the long run outlook of the economy? What policies would they recommend?
How would a Keynesian economist respond to the classical model's predictions, and what would they expect in their long run? What policies would they recommend?
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