Why does policies imply that they are universal, Macroeconomics

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Why does policies imply that they are universal

Problem

Conventional macroeconomic policies often relieve involuntary unemployment and are in this sense second best. Does this imply that they are universal; that they will have positive effects and work the same way in all systems? Explain with reference to Japanese macroeconomic response patterns.

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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