Part I: Show or discuss the existing and historic levels of economic growth, levels of employment, national budget deficits and the national debt. Summarize as best you can in two or three paragraphs the interrelationships between the aforementioned and policy proposals/counter proposals put forth by liberal, libertarian and conservative thinkers/leaders (i.e. economists such as Milton Friedman, Paul Samuelson and Von Mises) designed to address the associated problems.

Cite at least 6 new sources (sources not used in previous assignments) from which you gleaned information and quotes for this Part. Make sure to include citations as applicable in both the body of the paper and in the Bibliography (see “Start Here” for “Required Assignments: Comments and Instructions”.

Part II: Briefly discuss how Classical and Keynesian theory and logic underly the arguments and counterarguments related to competing policies designed to solve the problems of growth, employment, deficit and debt. As a basis for your discussion, use what you have read and learned in chapters 1 through 14 of your text. Use of graphs, mathematics and tables will be looked upon with great favor.

Cite at least 4 new sources from respectable publications or journals leaning to various sides of the political spectrum.

Part III: Present in a logical and coherent discussion, your own thoughts as to the solutions to the economic issues facing the nation. Please do not be emotional or use loaded words/propaganda. Present your conclusions as statements backed up by logical thought, good data and with a sound basis in theory as described in your text (chapters 1 thru 14)