DUE DATE 11/02/2016 @ NOON
Write an essay 1,000-1,250 words regarding the impact of Economic policy on the Market. Include the following:
- Choose three government policies that were implemented since the 1970’s to remedy an economic crisis. Evaluate the policies’ effectiveness.
- Explain how the Keynesian model of economics was applied to the economic crises of the 1970’s. Was it effective? Explain.
- Explain how government creates demand to correct market failure in order to address welfare policies. Provide an example and explain your rationale.