What is driving force creating growth in economy in model

Reference no: EM13222960

Consider the difference between the New Classical and Keynesian model regarding macro policy. What is the driving force creating growth in the economy in each model? Why does each one say that item creates growth? Explain. Why are the two models exclusive to each other in most part? Explain. Why do Keynesian solutions to the economic downturn not work in the New Classical model?

Reference no: EM13222960

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