Questions Cornering Economic Management

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The writer answers 4 questions sent in by the student. The first looks at the LR growth model and assesses how and why it may be used to explain the inability of developing economies to catch u with the industrialized world. The second questions answers a question assessing the way New Keynesians would deal with unemployment and slow growth. The third question discusses potential strategies that may be used to reduce unemployment and looks at the way they may be critiqued. The last question considered fiscal and monetary policies that may support economic stabilization during a recession. Five sources are cited in the bibliography of this six page paper.