Macroeconomic Models

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Discussion: Comparison of Macroeconomic Models Select one of the following schools of economic thought:

Keynesian Theory

Monetary Theory (Chicago)

Austrian School

From the school of economic thought you chose:

identify three keys points or beliefs that are held by that particular school.

What are the macroeconomic policy implications of those beliefs? Explain your answer.

Which school of economic thought do you find to be most convincing? Why?

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