opic 1. Suppose you read in the news paper that all last week the Fed conducted open market sale and that on Wednesday of last week it raised the discount rate. Discuss what the Fed is trying to do and why it is doing it.
opic 1. Suppose you read in the news paper that all last week the Fed conducted open market sale and that on Wednesday of last week it raised the discount rate. Discuss what the Fed is trying to do and why it is doing it.
Chapter14: Macroeconomic Policy: Tradeoffs, Expectations, Credibility, And Sources Of Business Cycles
Section: Chapter Questions
Problem 8E
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Topic 1. Suppose you read in the news paper that all last week the Fed conducted open market sale and that on Wednesday of last week it raised the discount rate. Discuss what the Fed is trying to do and why it is doing it.
Topic 2. Discuss why some economists who believe in Keynesian transmission mechanism view the money supply as a "string", they argue you cannot push a string. In other words, you cannot always force Real
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