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In a well-written essay of no less than three paragraphs, complete the following instructions in the order in which they appear. Remember that all exams

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In a well-written essay of no less than three paragraphs, complete the following instructions in the order in which they appear. Remember that all exams are closed-book. Notes, the textbook, and other educational materials may not be used while taking the exam. Step One: Provide a detailed explanation of the neoclassical theory. Be sure to include how neoclassical economists view the government's role in managing the economy in the short and long-run. Step Two: Provide a detailed explanation of the Keynesian theory. Be sure to include how Keynesian economists view the government's role in managing the economy in the short and long-run. Step Three: During the recent Corona Virus Pandemica, the government increased unemployment payments, distributed stimulus checks to tax payers, placed a moratorium on housing evictions, and subsidized companies. Is this approach closer to the Neoclassical or Keynesian model and was it the best strategy to manage the economy during the pandemic

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