Business Cycles

Business Cycles Order Description   1. What part of the business cycle is the U.S. economy currently in? Evaluate your answer by using three financial indicators. Analyze the trends and forecast the direction of the business cycle in the next six months using your economic indicators. Please use the text Modern Financial Macroeconomics: Panics, Crashes, and Crises. ISBN: 9781405161817 for at least 1 of the references. You can use as many other references as you like. 2. Economists have always disputed the appropriate action to take to stimulate an economy out of a recession. Compare and contrast the recommendations for appropriate action of the monetarist theory and the classical model. Be sure your response is stated in terms of the relevant principles of both theories. Your response should include at least 200 words specifically relating to the similarities and differences between the recommendations of monetarist and classical theories for stimulating an economy out of a recession. Include at least 1 quality citation other than the text. assignment has 2 parts. It is okay to keep each part separated, one on each page. the second part has to be over 200 words.