Why keynesian adjustment mechanism competitively inefficient, Macroeconomics

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Why keynesian adjustment mechanism competitively inefficient

Problem

Why is Japan's Keynesian adjustment mechanism competitively inefficient? Is it also welfare inefficient?

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: Why keynesian adjustment mechanism competitively inefficient

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Macroeconomics: Why keynesian adjustment mechanism competitively inefficient

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