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Schools of economic thought

 

 

Answer two question for the one paragraph
1. What are the main theoretical differences between the two different schools of economic thought outlined in
the chapter 2?
2. What is the orthodox conception of the relationship between inflation and unemployment. What is the
critique the book provides?
We are using the Textbook is An Introduction to Macroeconomics: A Heterodox Approach to Economic
Analysis by Louis-Philippe Rochon and Sergio Rossi

 

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