Identify the primary difference between the two philosophies


Problem

Watch the youtube video titled "Fear the Boom and Bust". Using the tools of macroeconomics, identify the primary difference between the two philosophies. Choose a position and discuss the application of that position on today's current environment. Be sure to tell me what you would do, using the tools of economics, to stabilize this economy and move it to recovery.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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