Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 25, Problem 16RQ

How did the Keynesian perspective address the economic market failure of the Great Depression?

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In the Keynesian model (that is, the short run), what causes recessions?
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