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In: Economics

description of each of the four macroeconomic schools of thought we discussed this semester: Model Source...

description of each of the four macroeconomic schools of thought we discussed this semester:

Model

Source of Business Cycle Fluctuations

(i.e., recession)

Major Tenets

New Keynesian View

(Mainstream Model)

Classical View

(Real Business Cycle

Model)

Monetarists

Austrian School

Solutions

Expert Solution

Answer :

Rahul Sunny answered 1 year ago
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