Economics Discussion Board
Question Description
Discussion 6: Keynesian vs. Neoclassical Economics
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Respond to the following prompts in a post with a minimum of 100 words, then comment on at least ONE other posts.
- Thinking back to the business cycle discussion, how would Keynesian economists explain the performance of the economy during the last few years? What has happened to aggregate demand?
- Next, how would neoclassical economists explain the performance of the economy during the last few years? What has happened to aggregate supply?
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