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What are the Differences between New Keynesian economics and New classical economics as they relate to...

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Economics

What are the Differences between New Keynesian economics and Newclassical economics as they relate to ad-as model?

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New Keynesian economics is a school of contemporary macroeconomics that provides microeconomic foundations for Keynesian economicsIt is developed partly as a response to criticisms of Keynesian macroeconomics by    See Answer
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