Why didn''t keynesian theory provide successful solutions
Problem: Why didn't Keynesian theory provide successful solutions to the German economy where unemployment currently around 14%?
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As an economy grows and productivity increases, real wages tend to rise - people get richer on aggregate. Real wage growth implies that people are able to purchase more of the goods that are in the basket of goods ( the basket that is taken to mea
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Assume that the Treasury experiences a large increase in the budget deficit and issues a large number of T-bills. This action will __________ the price of T-bills in the market and places __________ pressure on the yield of T-bills.
It costs $2600 to insulate a factory. Nest year, the fuel savings will be $220. EAch year after this, the cost of fuel is expected to rise by the rate g. If the discount rate is 12%, what rate of growth in fuel costs justifies going ahead with the
How are the slope of a production possibilities frontier and the opportunity cost of the goods related?
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