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In this course we learned about a number of real world complications that make monetary and fiscal policy more challenging than simple theory would suggest.

  • In this course we learned about a number of real world complications that make monetary and fiscal policy more challenging than simple theory would suggest. Given the state of the economy and the causes of that statethink back to earlier discussions about the current economywhat should be the appropriate mix of fiscal and monetary policy, from a Keynesian perspective? From a neoclassical perspective? Which makes the most sense to you? Provide evidence (include and least one link/citation) to provide support to your conclusion.

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