“Is wage and/or price rigidity necessary for Keynesian economics to explain involuntary unemployment?” Evaluate with reference to: Keynes’s General Theory. The orthodox Keynesian school. New Keynesian economics.
“Is wage and/or price rigidity necessary for Keynesian economics to explain involuntary unemployment?” Evaluate with reference to: Keynes’s General Theory. The orthodox Keynesian school. New Keynesian economics.
Chapter20: Monetary Policy
Section20.A: Policy Disputes Using The Self Correcting Aggregate Demand And Supply Model
Problem 8SQ
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“Is wage and/or price rigidity necessary for Keynesian economics to explain involuntary
- Keynes’s General Theory.
- The orthodox Keynesian school.
- New Keynesian economics.
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