Tambela Vaughn_ECO-610-X2269 Fiscal & Monetary Policies 15TW2_Module 1 Homework

Tambela Vaughn_ECO-610-X2269 Fiscal & Monetary Policies 15TW2_Module 1 Homework

Info icon This preview shows pages 1–3. Sign up to view the full content.

Year Real Output 1960 355.9 1961 364.6 1962 368.9 1963 387.8 1964 409.4 1965 418.9 1966 427.1 1967 437.7 1968 456.2 1969 465.8 1970 476.4 1971 486.1 1972 503.6 1973 539.6 1974 532.2 1975 529.4 1976 543.6 1977 556.9 1978 575.2 1979 590.7 1980 578.6 1981 570.2 1982 581.1 1983 601.7 1984 617.2 1985 639.2 1986 664.5 1987 694.7 1988 729.2 1989 745.0 1990 750.7 1991 740.4 1992 741.9 1993 759.1 1994 792.7 1995 815.2 1996 837.2 1997 864.7 1998 891.7 1999 916.6 2000 951.3 2001 971.6 2002 987.9 1960 1962 1964 1966 1968 1970 1972 1974 1976 1978 1 300 350 400 450 500 550 600 650 700 750 800 850 900 950 1000 Real b.) Shifts are indicated above, with shifts above the tre output in the UK from 1960-2002 grew by approximat c.) The real output recession (peak-to-peak) fluctuatio by the green and red shaded areas, respectively . Ther the economic pattern was not identical to the U.S.'s re effects during the same periods between 1969-1992; t difference between the economic shift which occurred downturn.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

l 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 l Output end highlighted in green and shifts below the trend highligted in red. The real tely 278% (987.9/355.9 = 2.775). ons are indicated above by the yellow boxes, the up and down shifts are indicated re were a total of six peak-to-peak fluctuations during the period and all though eal output, it shared some consistencies. both experienced similar economic their economic recessions occurred approximately at the same times. The one d in the U.S. between 2001-2002 due to the dotcom (internet) bubble brief market
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern