Write one essay, in a single file, of at least 400 but no more than 700 words. Choose one of the prompts below, and write one essay. Label the prompt you choose.
Essay Question: Choose one and disclose:
- What is a Recession and what does it mean? What are different Keynesian policy options in general? What Keynesian-consistent policy options do we have for the current COVID-19 recession? What 1-2 economic policies should we do in the U.S.? (ALTERNATIVE: same question applied to one other nation/economy instead of the U.S.)
- Should the government do more or less in the economy in general? Historically? Currently? Support with arguments about theory and policy.
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