Assignment:
Answer the following questions and submit your answers in the Case Study drop box under the Assignments tab on Blackboard. You may prepare your answers ahead of time and attach them as a MS Word document only. Please be thorough in your responses. Each question must be answered in the form of a paragraph (minimum of 5 sentences). You must include your Name, Section Number, and Title. Also, you are required cite your source(s) using MLA formatting.
Question 1: According to your textbook, what are the stages of the market cycle?
Question 2: According to Austrian Economics what are the primary causes of the boom and bust cycles?
Question 3: According to Keynesian Economics what are the primary causes of the leakages in the Market system?
Question 4: Which economic theory do you think is being applied to current U.S. Economic policy? Out of all the Economic Schools of thought you have been taught this semester do you believe would have a solution to the current economic environment?