Address the questions below.
What evidence have you discovered that points to the Classical, Keynesian, and Monetarist theories being debated today?
What is supply-side economics? Does it oppose the Classical, Keynesian, or Monetarist theory? How does supply-side economics affect fiscal policy?
What are the stakes in terms of economic growth and per capita income in the United States?
Analyze the impact of economic growth and per capita income measurements. For example, how much difference would every 1% of faster growth make over five years, or every 1% of unemployment?
Discuss differences in the types of incentives that economists propose for increasing economic growth.
Do policy makers believe these can be applied to strategies for stimulating the employment? Why or why not?