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Explain how economic condition and economic policies in the

Paper help Economics Explain how economic condition and economic policies in the

Economics

Explain how economic condition and economic policies in the

Explain how economic condition and economic policies in the U.S. in the last 1960s led to the long p… Show more Explain how economic condition and economic policies in the U.S. in the last 1960s led to the long period of so-called “stagflation” ending only in the 1980s. Discuss the diagnosis of this problem given by Keynesian economists at the time, and compare this to the “New Classical” diagnosis and the policy prescriptions that resulted from their critique. Discuss the determinants of a country`s rate of growth in income as found in the original “Harrod-Domar” model. How was the instability problem in the HD model resolved by Solow in what is now the “standard”(neoclassical) model of growth? Use this latter model to explain how “Cemerging” countries typically experience rapid growth in the early stages of their development, why this rate slows down, and the sources of growth that may be exploited by older “developed” countries. please help!!! and please if possible include the graphs for each answer as well. Thanks! • Show less

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