2) In Keynesian economics, the economy is not always in equilibrium at its natural rate. Analyse...

2) In Keynesian economics, the economy is not always in equilibrium at its natural rate. Analyse the causes of economic fluctuations in the short run. What are the main assumptions of Keynesian theory? What is the proper conduct of monetary and fiscal policies to stabilize the economy? Some economists argue that the governments should avoid active use of stabilization theory. Why?

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Rahul Sunny answered 2 years ago

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