Attempt to briefly explain the great recession according to each of the following four business cycle theories:

1. New Keynesian

2. Real Business Cycle Theory

3. Monetarist

4. Austrian School

Use each of the four model perspectives to answer the question: how did this all happen? In your view, was an appropriate Fiscal and Monetary Policy Response followed?

"Get 15% discount on your first 3 orders with us"
Use the following coupon

Order Now