Compare the classical and Keynesian views on the speed of wage and price adjustment. What are the

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Compare the classical and Keynesian views on the speed of wage and price adjustment. What are the important consequences of the differences in these views?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:43 AM

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Compare the classical and Keynesian views on the speed of wage and price adjustment. What are the

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Classicals see wage and price adjustment occurring rapidly while Keynesians think that wages and ...View the full answer

Macroeconomics

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