Applying Theory to the U.S. Economy

Topic: Applying Theory to the U.S. Economy   Order Description   In a two- to three-page paper (not including title and references pages), evaluate the current state of the U.S. economy. Using your evaluation of the U.S. economy’s current state, explain how a Keynesian, Monetarist, and Neoclassical Theorist would each propose promoting economic growth. Discuss the cause and effect variables that each theory uses to explain business cycles. Support your work with at least two scholarly resources in addition to the textbook. Knoop, T.A. (2008). Modern Financial Macroeconomics: Panics, Crashes, and Crises. Malden, MA: Blackwell Publishing. ISBN: 9781405161817 graded on: Evaluates the Current State of the U.S. Economy; Explains how a Keynesian, Monetarist, and Neoclassical Theorist Would Promote Economic Growth; Discusses the Cause and Effect Variables that Each Theory Uses to Explain Business Cycles; Content Development; Evidence; Explanation of Issues.