Question: There are five mainstream schools of economic thinking on issues relating to what government can or cannot do with respect to stabilizing the economy. What

There are five mainstream schools of economic thinking on issues relating to what government can or cannot do with respect to stabilizing the economy. What are these schools and how do they differ on issues concerning unemployment and inflation?

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The five schools are 1 Classical 2 Keynesian 3 NeoKeynesian 4 Rational Expectations and 5 SupplySide ... View full answer

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