The theory says it is so, all other things held equal. On Wed, Aug 19, 2009 at 06:20:49PM -0700, David B. Shemano wrote: > >> Basic economic theory says this should happen, and it does. Why is > >> this so hard to understand? > > Basic economic theory says what? If the government spends more money the > unemployment rate decreases? What if I found a situation where the > government spent more money and the unemployment rate went up? What would > happen to the theory? > > David Shemano > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l
-- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
