(Answered) Answer one question1keynesian modelmonetarist

Economics

Answer one question

*Keynesian model

*Monetarist model

*Classical (or Neoclassical, or "rational expectations") model

Which model is most relevant for you? Justify your position.

2) Are budget deficits (especially what we have witnessed in the U.S. over the past 20 years) necessarily a bad thing? Elucidate.

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