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Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 11
LAST WORD How do the Minsky and Austrian explanations for the causes of the Great Recession differ? Explain how the proponents of government stimulus believe that it will affect aggregate demand and emp(be specific!). How might government stimulus possibly srather than accelerate a recovery?
Explanation
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Cause of recession:
Economist H. Minksy...
Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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