Analyze the impact of expansionary monetary policies

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Reference no: EM1313664

For this assignment you will write a 500- to 700-word memo evaluating two conflicting consultant reports. Your report should

  • Describe the basic economic theory behind each consultant's report, using the ISLM and AS/AD models
  • Explain, for each report, what actions the Fed is likely to take if the consultant's conclusions are true
  • Describe how the bank would be affected by the potential Fed responses.
  • Identify and explain potential issues in the conclusions from each report using your understanding of the economic theory.

Reference no: EM1313664

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