• Thinking back to the business cycle discussion, how would Keynesian economists explain the performance of the economy duringthe last few years? What has happened to aggregate demand? What evidence can you present to support this position?
• Next, how would neoclassical economists explain the performance of the economy duringthe last few years?What has happened to aggregate supply? What evidence can you present to support this position?
• Evaluate the evidence and decide which interpretation makes the most sense to you.Explain your reasoning.

Remember to elaborate on the economic concepts, analyze, and then apply the concept to your examples/articles.

I encourage you to use visual aids such as graphs for illustration. Do not copy/paste large graphs/data from other sources when you answer. Create a graph and elaborate based on what you have learned.

• Cite the references using APA Citation Style.
  • Include your textbook/course material in your references., and other academically reliable sources.
  • Avoid using any sources ending with "pedia" as reference, including Investopedia.