Without government intervention, would the economy fluctuate more or less over the business cycle? Contrast the views
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Without government intervention, would the economy fluctuate more or less over the business cycle? Contrast the views of Keynes and Hayek on this issue. Be sure to address both the inherent stability of the market economy as well as the impact of government interventions to steer the economy.
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Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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