Macroeconomics 12th Edition by Michael Parkin

تمرين 9

Describe the policy change that a classical macroeconomist, a Keynesian, and a monetarist would recommend for U.S. policymakers to adopt in response to each of the following events:
a. Growth in the world economy slows.
b. The world price of oil rises.
c. U.S. labor productivity declines.