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Austrian Model
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Austrian Model
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24. Macroeconomic Schools of Thought / Austrian Model / Problem 9
Problem 9
What is the relevance of the Austrian Model in contemporary economic policy-making?
A
It provides insights into the risks of low interest rates and excessive investment.
B
It is only relevant in historical contexts, not contemporary ones.
C
It is irrelevant due to the dominance of the Keynesian Model.
D
It is primarily used in microeconomic analysis, not macroeconomic policy.
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