How quickly the economy adjusts to long-run equilibrium


Problem

1. How do Keynesian views on macroeconomic fluctuations differ from those of classical macroeconomists?

2. How do conflicting views of market structure influence the ideas of classical and Keynesian macroeconomists regarding price and wage flexibility and how quickly the economy adjusts to long-run equilibrium?

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: How quickly the economy adjusts to long-run equilibrium
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