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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 17
This chapter discusses causes of inflation.
a.Do you believe the cause of inflation is to be found in the institutional structure of wage- and price-setting institutions or in excess demand for goods and services
b.If you believe inflation is caused by wage- and pricesetting institutions, what type of policy would you recommend
c.If you believe that inflation is caused by excess demand, would your policy recommendations be the same (Post-Keynesian)
a.Do you believe the cause of inflation is to be found in the institutional structure of wage- and price-setting institutions or in excess demand for goods and services
b.If you believe inflation is caused by wage- and pricesetting institutions, what type of policy would you recommend
c.If you believe that inflation is caused by excess demand, would your policy recommendations be the same (Post-Keynesian)
Explanation
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(a) The view of institutional theory is ...
Macroeconomics 9th Edition by David Colander
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