keynesian vs neoclassical
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Last updated 2:25 AM on 12/10/25
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10 Terms
1
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fiscal policy is effective
keynesian
2
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monetary policy is effective
keynesian
3
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target aggregate demand, short term is important
keynesian
4
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markets should be regulated
keynesian
5
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government can help the economy
keynesian
6
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fiscal policy is ineffective
neoclassical
7
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monetary policy can be effective, but minimize policy actions
neoclassical
8
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target long run aggregate supply, long run is important
neoclassical
9
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markets can self regulate; regulation can harm the economy
neoclassical
10
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government usually hurts the economy
neoclassical
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Flashcards (223)