What does the Keynesian model predict about the cyclical behavior of average labour productivity? How does the
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The Keynesian theory assumes that demand shocks cause most cyclical fluctuations This means that dur...View the full answer
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Related Book For
Macroeconomics
ISBN: 978-0321675606
6th Canadian Edition
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
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