6A Putting it together.pdf - 6A Putting it together Let’s...

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6A Putting it togetherLets try to sum up by drawing the connections between output, money and expectations. Recalling theeconomic episodes related to these connections will provide the context needed to apply theseconnections to business decisions.*Moss, David A. (2014).A Concise Guide to Macroeconomics: What Managers, Executives, and StudentsNeed to Know, 2ndEdition. Boston, Massachusetts: Harvard Business Review Press, Conclusion, pp. 138-148.Assessment: 6A Quiz1. What are the two ways countries can consume more than the output it produces?2. a) Explain how inflation targeting is done to stabilize price levels? b) In the Federal Reserves viewduring the 2007-2009 financial crisis, what took precedence over price stability?3. To combat the severe contraction in GDP and spike in unemployment during the Great Depression,
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Term
Spring
Professor
N/A
Tags
Macroeconomics, Great Depression, Keynesian economics

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