University of Pretoria Keynesian vs Neoclassical Economics Discussion

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Discussion 6: Keynesian vs. Neoclassical Economics11 unread reply.11 reply.Respond to the following prompts in a post with a minimum of 100 words, then comment on at least ONE other posts.Thinking back to the business cycle discussion, how would Keynesian economists explain the performance of the economy during the last few years? What has happened to aggregate demand?Next, how would neoclassical economists explain the performance of the economy during the last few years? What has happened to aggregate supply?

Tags:
Recession

GDP

economy

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