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Policies for combating recession

You are the adviser to a Benevolent Social Planner. GDP is falling and the economy is in a recession. Recommend a policy and why you chose it (explain the benefits and any potential criticisms of your choice). You may assume what ever policies are already in place (but you must state what these policies are). A good answer would consider the impact in the context of the three macroeconomic models. (Keynesian, Classical, and Solow)

 

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9211560

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