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Adam Smith

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Q: Who was the first economist to develop ways for governmets to maage the business cycle?
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Who was the first economist to develop ways for governments to manage the business cycle?

John Maynard Keynes


What is pure monetary theory of business cycle?

It is propounded by hawtrey an economist,acc to him business cycles are nothing but succesive phases of inflation and deflation.money supply affects the business cycle.


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What is another term for expansion in the business cycle?

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