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Economics Why should heterodoxy be better than orthodoxy to fight inflation from the point of view of the inertialists?

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter9: Classical Macroeconomics And The Self Regulating Economy

Section9.3: The Self Regulating Economy

Problem 2ST

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Unemployment and Cost of Unemployment

Unemployment is the state of being unemployed, even when an individual is actively seeking work opportunities. The unemployment rate refers to the percentage of the workforce that is currently unemployed.

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Why should heterodoxy be better than
orthodoxy to fight inflation from the point of
view of the inertialists?

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