According to Krugman and the Keynesians the slow recovery is

According to Krugman and the Keynesians, the slow recovery is due to __________ in aggregate demand.

Solution

According to Krugman and Keynesians, the slow recovery and the persistence of high unemployment arises due to Lack of Aggregate demand. Lack of AD causes low sales by private businesses which leads to high unemployment.

According to Krugman and the Keynesians, the slow recovery is due to __________ in aggregate demand.SolutionAccording to Krugman and Keynesians, the slow recove

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