Consider the twin economic problems of high price inflation and high unemployment. Explain how Keynes' ideas on
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Consider the twin economic problems of high price inflation and high unemployment. Explain how Keynes' ideas on aggregate demand differ from those of classical economists. How do these two different types of theories explain high inflation and high unemployment, and what do they propose as the solutions to these?
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Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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