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OpenStax Principles of Macroeconomics 2e, The Keynesian Perspective, The Building Blocks of Keynesian Analysis
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OpenStax Principles of Macroeconomics 2e, The Keynesian Perspective, The Building Blocks of Keynesian Analysis
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By the end of this section, you will be able to:

Evaluate the Keynesian view of recessions through an understanding of sticky wages and prices and the importance of aggregate demand
Explain the coordination argument, menu costs, and macroeconomic externality
Analyze the impact of the expenditure multiplier

Subject:
Mathematics
Material Type:
Module
Date Added:
08/21/2018
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