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1) If the economy is in a recession and the president invites three economists—A Keynesian, a...

1) If the economy is in a recession and the president invites three economists—A Keynesian, a monetarist, and a new classical—to offer explanation and policy options, what would each say in two sentences or less?

-Keynesian:

-Monetarist:

-NeoClassical:

2) Between the crises of 1930s and 2008, what are (mention two for each):

a)       the similarities?

b)       the differences?

3) If you were an influential economist, to prevent deep recessions in the future, what policies/thoughts would you offer?  

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