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Macroeconomic Schools of Thought 9. Describe the policyr change that a classical macroeconomist, a Keynesian, and a monetarist would recommend for US. policymakers to adopt

Macroeconomic Schools of Thought 9. Describe the policyr change that a classical macroeconomist, a Keynesian, and a monetarist would recommend for US. policymakers to adopt in response to each of the following events: a. Growth in the world economy slows. b. The world price of oil rises. c. US. labor productivity declines

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