Problem
1. Why might political factors be a major obstacle to economic stability? Suggest a plan that you think would reduce the likelihood that public policy would be destabilizing.
2. "The major reason for instability of output in the past has not been Keynes' postulated flaws in the capitalist price system, but instead unwise decisions of government and government-dominated banks in raising or lowering the money supply-Professor Paul McGouldrick, State University of New York (Binghamton). Citing empirical evidence to support your view, either defend or criticize this position.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.