Describe an example of a coordination failure problem


Problem

1. Describe an example of a coordination failure problem.

2. What causes business cycles in the coordination failure model?

3. Why is money neutral in the coordination failure model?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe an example of a coordination failure problem
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