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fiscal policy is effective
keynesian
monetary policy is effective
keynesian
target aggregate demand, short term is important
keynesian
markets should be regulated
keynesian
government can help the economy
keynesian
fiscal policy is ineffective
neoclassical
monetary policy can be effective, but minimize policy actions
neoclassical
target long run aggregate supply, long run is important
neoclassical
markets can self regulate; regulation can harm the economy
neoclassical
government usually hurts the economy
neoclassical