What happens with growth and inflation

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Reference no: EM133438942

Questions: Assume you were a policymaker in June 2020. Model the covid19 crisis on the American (or Chinese) economy.

a) What happens with growth and inflation?

b) What do you believe is the correct response by public authorities in terms of monetary policy?

c) Explain how the central bank would operationalize the type of monetary policy you chose in b).

d) Explain what restrictions public authorities face in implementing their responses to this unique crisis in the country you choose.

Reference no: EM133438942

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