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smitch6 smitch6
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6 years ago
The Keynesian view implies that there is a role for monetary and fiscal policy in stabilizing the economy in response to aggregate shocks because
A) prices and wages are slow to clear markets.
B) money is neutral.
C) comovement of aggregate variables does not generally happen during the business cycle.
D) business cycles have many causes.
E) these policies are highly effective in raising total factor productivity.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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smitch6 Author
wrote...

6 years ago
this is exactly what I needed
dearsophia21
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Yesterday
Good timing, thanks!
Mkersey12
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2 hours ago
Thanks
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