Given the state of the economy and the causes of that state—think back to our online discussions a few weeks ago—what should be the appropriate mix of fiscal and monetary policy, from a Keynesian perspective? From a neoclassical perspective? Show each policy mix graphically using the AD/AS model. Which makes the most sense to you? Why?
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- Discussion: Macropolicy. Authored by: Steve Greenlaw and Lumen Learning. License: CC BY: Attribution