One practical limitation with Keynesian economics is the challenge of implementing active economic policy quickly. One practical limitation of the Classical or Neoclassical model is that it suggests allowing the economy to self-correct in the long run, but recessions may last a very long time.

For each challenge (limitation), discuss how severe you think these problems are? Explain, and provide an example.

Discussion Requirements

Your discussion should be at least 250 words in length, but not more than 500 words. Cite your work and provide references at the end. Once you've completed your initial post, be sure to respond to the posts of at least 3 of your classmates and rate their posts.