Unemployment Discussion React to the following prompt: After you have read chap 15 on ‘Unemployment’ in the textbook, try to compare and contrast among the 3 basic types of unemployment discussed in that chapter in relation to output and real GDP. More specifically, explain which type of unemployment has created most joblessness in the U.S […]
Explain why you agree more with either the classical or Keyensian theory and do not take the easy road by saying you agree with both.
Discussion Forum This discussion is going to take some serious thought and explanation. Watch the video below. Do you agree with the classical (supply-side) theory of aggregate demand and real GDP or the Keyensian (demand-side) theory of aggregate demand and real GDP? Explain why you agree more with either the classical or Keyensian theory and […]