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When the economy experiences unemployment:

A) There is government failure.

B) There is macro instability.

C) There is micro instability.

D) No market failure occurs.

 

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Raushan Raj
Raushan RajLv8
11 Sep 2020

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Related questions

Increasing the government budgetary surplus or decreasing the deficit is desirable in a period of:

A.  Inflation

B.  Depression

C.  Economic instability

D.  Mass unemployment

Increasing the government budgetary surplus or decreasing the deficit is desirable in a period of

A. inflation

B. depression

C. economic instability

D. mass unemployment

a) State, compare and contrast policy suggestions by the Keynesian School and the Monetarist School to reduce problem of macroeconomic instability and unemployment in a market capitalist economy.

b) For each of these schools, provide and discuss one specific example (including the time period) from the U.S. economic history in which the theories were adopted as government policies and helped reduce instability in the economy. Be specific about your example, explain the policy that was implemented using tools of monetary and fiscal policy that we cover in class.

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