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Keynes and the Neoclassicals 1.  Does it make sense that wages would be sticky downwards but not...

Keynes and the Neoclassicals

1.  Does it make sense that wages would be sticky downwards but not upwards? Why or why not? (25 points)

2.  Explain why the neoclassical economists believe that the government doesn't need to do much about unemployment. (25 points)

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