Pretend that you are an economic advisor
to Barack Obama when the recession hit in 2008.
Step 1: Describe the problem (Explain
what causes recessions and the effect they have on the economy
and employment).
Step 2: Outline the Keynesian solution
with a diagram (Demand-side policies)
—Step 3: Outline some Supply-side policies with a diagram (Neo-classical).
—Step 4: Explain which you think Obama should use and why. Include a discussion of how your plan will deal with unemployment and inflation
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