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Meaning of New Keynesian | Babel Free

Adjective CEFR B2

Definitions

Advocating or pertaining to a macroeconomic synthesis between Keynesianism and neoclassical economics; often involving or preferring countercyclical stabilisation through monetary policy but favouring fiscal intervention at the zero lower bound.

not-comparable

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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