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Author Question: The Keynesian view implies that there is a role for monetary and fiscal policy in stabilizing the ... (Read 57 times)

Charlie

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on: Jan 2, 2020
The Keynesian view implies that there is a role for monetary and fiscal policy in stabilizing the economy in response to aggregate shocks because
◦ money is neutral.
◦ these policies are highly effective in raising total factor productivity.
◦ comovement of aggregate variables does not generally happen during the business cycle.
◦ prices and wages are slow to clear markets.
◦ business cycles have many causes.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by Charlie on Jan 2, 2020

dlook33

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Charlie

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Reply 2 on: Jan 2, 2020
Excellent

frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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