The economy of Albernia is facing a recessionary gap, and the leader of that nation calls together
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The economy of Albernia is facing a recessionary gap, and the leader of that nation calls together its best economists representing the classical, Keynesian, monetarist, real business cycle, Great Moderation consensus, expansionary austerity, and secular stagnationist views of the macro economy. Explain what policies each economist would recommend and why.
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In response to a recessionary gap in Albernia the economists representing the different views of the ...View the full answer
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Related Book For
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
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