The real balance effect suggested to bridge the classical dichotomy, was given by: (A) Alvin Hansen (B) A C Pigou (C) Don Patinkin (D) Knut Wicksell

UoH 2015 Question 45: Schools of economic thought and methodology

The real balance effect suggested to bridge the classical dichotomy, was given by:

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Schools of economic thought and methodology has come up 67 times in 5 exams since 2011.

This question is on Keynesian, monetarist and new classical schools, part of Schools of economic thought and methodology in Macroeconomics.

The competing macroeconomic schools and their core claims.

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