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One practical limitation of Keynesian economics is the challenge of implementing active economic pol ...


One practical limitation of Keynesian economics is the challenge of implementing active economic policy quickly. One practical limitation of the Classical or Neoclassical model is that it suggests allowing the economy to self-correct in the long run, but recessions may last a very long time. For each limitation, discuss how severe you think the problem is. Explain, and provide an example. Cite sources in APA style.



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