Question
Compare and contrast the causes of the business cycle under each of the four competing business cycle theories (Monetarism/Keynesian/Real Business Cycle Theory/Austrian Business Cycle Theory)
Compare and contrast the causes of the business cycle under each of the four competing business cycle theories (Monetarism/Keynesian/Real Business Cycle Theory/Austrian Business
Cycle Theory) Are there key assumptions under each? What are the key strengths and weaknesses of each? Are there specific recessions that fit each theory? How would economistsbelieving in each recommend responding during a recession?
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Valuing The Earth, Economics, Ecology, Ethics
Authors: Herman E Daly, Kenneth N Townsend
2nd Edition
0262540681, 9780262540681
