Develop an essay discussing the fiscal and monetary policies

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Reference no: EM131537122

Question: Develop an essay discussing the fiscal and the monetary policies adopted and implemented by the federal during the Great Recession and their impacts on the U.S. economy

Your paper should be structured as follows

1. Cover page with a running head

2. Introduction: What is the economic meaning of a recession?

  • A brief discussion of fiscal policies
  • A brief discussion of monetary policies

3. Conclusions: Discuss the extent to which the use of demand side policies (fiscal policy and monetary policy) during the Great Recession of 2008 has been successful in restoring economic growth and reducing unemployment

4. References.

Verified Expert

This assignment talks about great recession and US policies. The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably severe in several respects. The Federal Reserve’s response to the crisis evolved over time and took a number of nontraditional avenues. Another set of non-traditional policies consisted of the large scale asset purchase (LSAP) programs. With the federal funds rate near zero, the asset purchases were implemented to help push down longer-term public and private borrowing rates. This assignment is prepared in MS word and it is about 800 words

Reference no: EM131537122

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