Are wages and price flexible or inflexible

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Reference no: EM131074813

What is the basic difference between Classical and Keynesian economics?

What role does government play in the Keynesian model?

What is a recessionary gap, and how can government work to correct this?

Are wages and price flexible or inflexible? Explain.

What do you think is the proper role of government in the economy?

Reference no: EM131074813

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Are wages and price flexible or inflexible : What is the basic difference between Classical and Keynesian economics? What role does government play in the Keynesian model? What is a recessionary gap, and how can government work to correct this? Are wages and price flexible or inflexible? Explai..
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