Discuss the financial accelerator mechanism

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Reference no: EM133203935 , Length: Words Count:120

Assignment:

Practice problem:

If you are a mid-level economist at the U.S. Treasury Department. Treasury Secretary Janet Yellen has asked you to deliver a very short speech during a press conference about the basic setup of the financial accelerator mechanism and the main result(s) it delivers.

If you choose to use any mathematical expressions, you are limited to using one (and only one) informative mathematical expression. If you do use math, Secretary Yellen will allow 10 extra words in your speech (for a total of 130 words). (Any mathematical expression you choose to use does not count against the word count.)

Note: the script for the speech shlould be no longer than 120 words in total.

Reference no: EM133203935

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