The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its _ and its ________.

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17-10-2022
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The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its _ and its ________.

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Tundexi Tundexi · Answer 1 · 2022-10-20T11:47:21+02:00

The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its potential GDP and its natural rate of unemployment.

What is known as macroeconomics?

In economics, this is a branch that deals with the performance, structure, behavior etc of an economy as a whole. For instance, a macroeconomics involves using interest rates, taxes and government spending to regulate an economy’s growth and stability.

On the macroeconomics, the neoclassical perspective holds that in the long run, the economy will have to fluctuate around its potential GDP and its natural rate of unemployment. Therefore, the answers are as underlined in the main answers.

The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its _____________ and its ____________________.

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What is known as macroeconomics?

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The neoclassical perspective on macroeconomics emphasizes that in the long run, the economy seems to rebound back to its _ and its ________.