What causes business cycles in the coordination failure
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?
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1 should the government act to stabilize output in the real business cycle model2 does the real business cycle model
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1 describe an example of a coordination failure problem2 what causes business cycles in the coordination failure model3
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1 does the coordination failure model fit the data2 which is the better macro model the real business cycle model or
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