What does each model imply for economic policy


Problem

1. What are the main distinguishing features of the classical, neoclassical and endogen-ous growth models? What does each imply for economic policy?

2. Why might lowering your country's or state's tax rates stimulate economic growth? Under what circumstances may lower taxes not have the desired effect on economic growth?

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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Macroeconomics: What does each model imply for economic policy
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