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- Prices and Quantities
Prices and Quantities
Angebote / Angebote:
It now seems clear that the economists' traditional model that presumes short-run flexibility in wages and prices no longer holds for most of the industrial world, and hence the response of inflation to shifts in macroeconomic policy is weak. In this volume Arthur M. Okun seeks to explain that loss of responsiveness by analysing how modern labour and product markets work and how they are structured.
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