
Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016
Macroeconomics 10th Edition by Roger Arnold
Edition 10ISBN: 978-1111823016 Exercise 15
"The policy ineffectiveness proposition (connected with new classical theory) does not eliminate policy makers' ability to reduce unemployment through aggregate demand-increasing policies because they can always increase aggregate demand by more than the public expects." What might be the weak point in this argument?
Explanation
The weak point in this argument is that ...
Macroeconomics 10th Edition by Roger Arnold
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