Question
I would like to get some help as I got quite confused. I am working on the monetary policies from 1960-1965 time period. From my
I would like to get some help as I got quite confused. I am working on the monetary policies from 1960-1965 time period. From my understanding, the Feds were using the Lean Against the Wind policy which focused on economic stability. I am struggling to show how would the macroeconomic policies apply to these monetary policies such as (Supply and Demand Model, Ad AS Model to show interest rates on equilibrium GDP, Philips Curse, etc. I have been trying to find a graph or anything related but I got quite confused.I would be grateful if someone could explain how to to use the macroeconomic principles on mentioned monetary policies.
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