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Apply the macro model and monetary policy theory to show the predicted response of the central bank to ( 1 ) a negative shock to
Apply the macro model and monetary policy theory to show the predicted response of the central bank to ( 1 ) a negative shock to aggregate demand due to loss of confidence in the finance sector - the situation in 2 0 0 8 - and ( 2 ) a temporary negative shock to aggregate supply due to government order - the situation triggered by COVID
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
