
Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
Edition 14ISBN: 978-1337794985
Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
Edition 14ISBN: 978-1337794985 Exercise 6
Several well known Keynesian economists argue that the weak recovery of the U.S. economy from the 2008-2009 recession is because the spending increases and budget deficits have been too small. Do you think they are correct? Why or why not? If we continue running large deficits and the economy remains weak, do you think Keynesian economists will alter their views? Discuss.
Explanation
It can be contradicted that the weak rec...
Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
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