Description
- Overview:
- 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
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Date Added:
- 09/20/2018
- License:
- Creative Commons Attribution
- Language:
- English
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