Question: The new classical model does not eliminate policy-makers ability to reduce unemployment because they can always pursue policies that are more expansionary than the public
The new classical model does not eliminate policy-makers’ ability to reduce unemployment because they can always pursue policies that are more expansionary than the public expects. Is this statement true, false, or uncertain? Explain your answer.
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Uncertain It is true that policymakers can reduce unemployment by pursuing a more expa... View full answer
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