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We discussed in class about the different points of view of the Yes- Markets Self Adjust camp and No- Markets Fail Often camp. What is
We discussed in class about the different points of view of the Yes- Markets Self Adjust camp and No- Markets Fail Often camp. What is the origin of shocks in the economy according to the Yes- Markets Self Adjust camp? Question 6 Answer a. Inflation shocks b. Demand shocks c. Recession shocks d. Supply shocks e. Unemployment shocks
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