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    Economics Study Set 7
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    Exam 25: Macroeconomic Viewpoints: New Keynesian, Monetarist, and New Classical
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    According to the New Keynesian School of Thought, Fiscal Policy
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According to the New Keynesian School of Thought, Fiscal Policy

Question 54

Question 54

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According to the new Keynesian school of thought, fiscal policy is a completely ineffective tool in combating supply-side shocks.

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