Macroeconomics and the Real World: Volume 2: Keynesian

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Language: English

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Even with such an increase, sizable labor market slack is expected to persist for years. For the U-3 measure the unemployed are persons who are available to take a job and have actively searched for work in the prior 4 weeks but have not found work. It is difficult to identify more than general statements regarding nominee Trump’s views on financial regulation. But while some government spending for infrastructure can be economically productive, most of it (including "Bridge to Nowhere" infrastructure) is directed as political payoffs that almost never result in profitable enterprises, i.e. businesses that do not need subsidies, monopolies, or other protections to survive.

Pages: 312

Publisher: Oxford University Press; 1 edition (June 28, 2001)

ISBN: 0199242054

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