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, since none of the new classical doctrines can be analyzed ignoring the parallelism and discrepancies with the theory of …, but the doctrines got vulgarized and distorted thanks to the mass of followers. Nowadays, economic theory and policy …
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the theory and policies that shaped our international financial system. Utilizing the 1944 Bretton Woods Conference as a … banking, and the evolution of our international financial system. The detailed international financial theory is presented in …
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The short-run macroeconomic effectiveness of fiscal policy depends on the effect of policy on AD and the effect of AD on output. This paper examines how macroeconomic perspectives (Keynesian, Post Keynesian, monetarist, classical, new classical, and new Keynesian) describe the effect of AD on...
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