Assignment:
Please answer the following two discussion topics with one short paragraph each.
Attached are two readings to use to cite your sources. Please cite sources from these readings!
Post a short one paragraph response to each of the following two questions with supporting reference(s).
Reading the following two chapter: The Aggregate Demand/ Aggregate Supply Model and The Keynesian Perspective
Discussion Topic 1
Why would an economist choose either the neoclassical perspective or the Keynesian perspective, but not both? Given one must choose one of the two perspectives, which would you personally select and why?
Discussion Topic 2
Discuss and explain: (1) what types of policies does the federal government have at its disposal to restore aggregate demand? and (2) What potential obstacles could policymakers encounter in employing these policies?