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Map dft Mapoob sapling learning As a macroeconomist you are often \"riding two h

ID: 1215938 • Letter: M

Question

Map dft Mapoob sapling learning As a macroeconomist you are often "riding two horses" using alternatively Keynesian and neoclassical analysis to study different subjects. Among the following, choose which type of model would work best for each Neoclassical model Keynesian model Unemployment fluctuations Economic recovery from a major recession Factors that shift aggregate supply Economic growth Costs of reducing inflation Labor markets Effectiveness of governments to stimulate aggregate demand Human capital investment

Explanation / Answer

Neo Classical Model Keynesian Model

Factors that shift aggregate supply Unemployment fluctuations

Labor Markets Economic recovery from a major recession

Human Capital Investment Effectiveness of government to stimulate aggregate demand

Economic Growth Costs of reducing Inflation