Question: In The Austerity Delusion Prof. Blyth notes that Canada was able to cut and grow in the 1980s, (a) Use the IS curve to briefly
In The Austerity Delusion Prof. Blyth notes that Canada "was able to cut and grow in the 1980s," (a) Use the IS curve to briefly explain this result from the perspective of an austerity supporter. (b) Use the IS curve to briefly summarize Prof. Blyth's explanation of Canada's ex- perience.
(c) What role do unions play in the success of the mechanism you discussed in part 3b
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