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The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
Edition 13ISBN: 9780132992695 Exercise 2
Are all economic downturns caused by excessively expansionary monetary policy? Suppose, for example, that a country is crippled by war. Couldn't that, too, reduce a nation's real GDP in both the short and long runs?
Explanation
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Monetary policy is a policy which is use...
The Economic Way of Thinking 13th Edition by David Prychitko, Peter Boettke, Paul Heyne
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