Question
Need some help with these questions, thanks! - What can you tell about the US economy based on this report (GDP, economic growth, unemployment, inflation)?
Need some help with these questions, thanks!
- What can you tell about the US economy based on this report (GDP, economic growth, unemployment, inflation)?
- The Fed's dual mandate is to promote maximum employment and keep prices stable (target inflation rate 2% is abandoned due to Covid-19). Please first explain how the Fed used its monetary policy tools (interest on reserves, discount rate and open market operations) during the great recession to stimulate the economy.
- Comment on the Fed's current monetary policy based on Powell's testimony. How similar is the Fed's approach today to the Fed policy during the Great Recession?
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Why Nations Fail The Origins Of Power, Prosperity, And Poverty
Authors: Daron Acemoglu, James Robinson
1st Edition
0307719227, 9780307719225
