4. When the stock market crashes, as it did in October 1929 and October 1987, what influence...

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4. When the stock market crashes, as it did in October 1929 and October 1987, what influence does it have on investment, consumption, and aggregate demand? Why? How should the Federal Reserve respond? Why?

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Macroeconomics

ISBN: 9781429218870

7th Edition

Authors: N. Gregory Mankiw

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