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Keynesian cross model , economics, Microeconomics
For the following assume that b=.95
1, If the economy is short of the full employment level by 1.5 trillion, what could be done in the simple Keynesian cross model to fill the gap? Particularly in terms of fiscal policy instruments? What type of gap is this which needs to be filled.
Posted Date: 3/15/2012 8:20:20 PM | Location : United States
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