Understanding about this price and its potential influences

Assignment Help Business Economics

Reference no: EM13743782

During 2001 recession, there were 2.1 million jobs lost and unemployment rose from 3.9% to 6.3%. Real GDP growth slowed to 0.8% compared to 3.9% average annual growth during 1994–2000.

Question: George W. Bush was elected president in 2000 and his administration conducted fiscal policy together with the monetary policy conducted by the Fed responding to the recession. Although the fiscal policy conducted by the Bush administration successfully expanded aggregate demand and stimulated economy out of the recession, it came with a price. State your understanding about this “price” and its potential influences. (Using IS-LM model to answer)

Reference no: EM13743782

Questions Cloud

Bonds to pay for improvements : A city near chicago sold $9000000 in bonds to pay for improvements to an airport. It set up a sinking fund with end-of-quarters payments in an account earning 8% compounded quarterly. Find the amount that should be deposited in this fund each quarter..

What generation will their offspring be : Process of Science: What Can Fruit Flies Reveal about Inheritance? What generation will their offspring be

Does the equal marginal principle apply to personal decision : Does the equal marginal principle apply to personal decisions when you have limited income and time? How do you allocate a limited amount of study time when faced with three exams on the same day?

Discuss enlightenment ideas that impacted leaders of us : Discuss three Enlightenment ideas that impacted the leaders of the American Revolution. Identify the Enlightened philosopher behind each idea.

Understanding about this price and its potential influences : George W. Bush was elected president in 2000 and his administration conducted fiscal policy together with the monetary policy conducted by the Fed responding to the recession. Although the fiscal policy conducted by the Bush administration successful..

Explain impact of hip-hop on society for black history month : Imagine that you have been asked to deliver a lecture on hip-hop's history and impact on society for a Black History Month (which is February) or a Hip-Hop History Month (which is November) event.

Capital budgeting project : Conch Republic Electronics is a midsized electronics manufacturer located in Key West, Florida. The company president is Shelley Couts, who inherited the company.

Explain what is a species : What is a species? What do genes have to do with evolution

Families are not saving enough for retirement : Do you think that there is a “retirement problem” in the US, meaning that individuals and families are not saving enough for retirement? What three original pieces of evidence support your observations and conclusions (journal articles, studies, spec..

User Account

All Pages