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Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279Macroeconomics 12th Edition by Michael Parkin
Edition 12ISBN: 978-0133872279 Exercise 14
Use the following news clip to work Problem.
IMF Warns Global Economic Slowdown Deepens, Prods U.S., Europe
The IMF said the global economic slowdown is worsening and warned U.S. and European policymakers that failure to fix their economic ills would prolong the slump.
Source: Reuters, October 9, 2012
Problem
What further actions might the Fed take in 2013 to influence the real GDP growth in 2014 (Remember the time lags in the operation of monetary policy.)
IMF Warns Global Economic Slowdown Deepens, Prods U.S., Europe
The IMF said the global economic slowdown is worsening and warned U.S. and European policymakers that failure to fix their economic ills would prolong the slump.
Source: Reuters, October 9, 2012
Problem
What further actions might the Fed take in 2013 to influence the real GDP growth in 2014 (Remember the time lags in the operation of monetary policy.)
Explanation
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The success of an apposite monetary poli...
Macroeconomics 12th Edition by Michael Parkin
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