I følge klassisk teori ble økonomiske oppgangstider avløst av nedgangstider etter et relativt fast mønster. Slike svingninger i økonomien kalles konjukturbølger. Forklaringene på slike svingninger bygger bl.a. på naturfenomener (uår), tiltak fra monopolistiske organisasjoner og feildosert økonomisk politikk.
Hovedbudskapet i keynesiansk politikk er at:
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| CMTS | 3 months | No description |
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