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Q. Advocates of New classical Economics are

Q. Which of the following is true with respect to the monetary approach to the balance of payments?

Q. Why does a temporary decrease in government purchases decrease labour supply in the classical model?

Q. According to New Classical Economist, Business cycle is due to

Q. The concepts of inside money and outside money is given by

Q. According to New Classical Economics Philips curve is

Q. The insider outsider model is associated with

Q. According to the basic classical model, an increase in the money supply will cause

Q. When there are vacancies in the job-market, but also high levels of unemployment, then we could say that this unemployment is?

Q. Liquidity trap is a situation when,