economic theory | ECO 406 Business Cycles & Growth | Ashford University

DUE: Thursday, 2/10/2021 11:59PM

Economists have always disputed the appropriate action to take to stimulate an economy out of a recession. Compare and contrast the recommendations for appropriate action of the monetarist theory and the classical model. Be sure your response is stated in terms of the relevant principles of both theories. 

Your response should include at least 200 words specifically relating to the similarities and differences between the recommendations of monetarist and classical theories for stimulating an economy out of a recession.  Include at least 1 quality citation other than the text. Respond to at least two of your classmates’ postings.