Discuss the cause and effect variables that each theory uses to explain business cycles.

Applying Theory to the U.S. Economy. In a two- to three-page paper (not including title and references pages), evaluate the current state of the U.S. economy. Using your evaluation of the U.S. economy’s current state, explain how a Keynesian, Monetarist, and Neoclassical Theorist would each propose promoting economic growth. Discuss the cause and effect variables that each theory uses to explain business cycles. Support your work with at least two scholarly resources in addition to the textbook. You are required to format your paper according to APA style guidelines.

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