The classical and Keynesian approaches to macroeconomic policy are different. Disagreements relate to the causes of instability in aggregate demand; factors that determine aggregate supply; the relationship between inflation and unemployment; fiscal and monetary policy instruments. The general methodological approach of Keynesians is the concept of an active macroeconomic policy of the state, which is […]
Tag: market
Securities Market
The securities market is in close cooperation with the money market. The securities market differs from other types of market by the specific nature of the traded goods. A security is a very special commodity. It is both a title deed and a debt obligation. This is the right to receive income and the obligation […]