If I understand rightly the CA is the *policy recommendation*, that monetary stabilises aggregate demand and fiscal stabilises debt. The NC is the model itself.
If I understand rightly the CA is the *policy recommendation*, that monetary stabilises aggregate demand and fiscal stabilises debt. The NC is the model itself.
Lecturer in Philosophy, University of St. Andrews — personal website: https://axdouglas.com/
Lecturer in Philosophy, University of St. Andrews — personal website: https://axdouglas.com/