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11.1 The building blocks of neoclassical analysis  (Page 10/17)

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  • Card 10 / 17:
    A neoclassical economist and a Keynesian economist are studying the economy of Vineland. It appears that Vineland is beginning to experience a mild recession with a decrease in aggregate demand. Which of these two economists would likely advocate that the government of Vineland take active measures to reverse this decline in aggregate demand? Why?

    The course author didn't provide an answer for this question

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Practice FlashCards 8 Key Terms 4

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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