Answered: Why would neoclassical economists think…

Why would neoclassical economists think that the government doesn't need to take many steps to combat unemployment? Whether you concur or disagree Explain.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter26: The Neoclassical Perspective

Section: Chapter Questions

Problem 10RQ: Do neoclassical economists tend to focus more on long term economic growth or on recessions? Explain...

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Why would neoclassical economists think that the government doesn't need to
take many steps to combat unemployment? Whether you concur or disagree
Explain.

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Does neoclassical economics focus on the long term or the short term? Explain your answer.
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