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ANALYTICAL SUMMARY Javier MARTÍNEZ PEINADO “The
ANALYTICAL SUMMARY Javier MARTÍNEZ PEINADO “The

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... rate in forty years. At all 2002 meetings before the cut at the November meeting, the FOMC decided to leave the federal funds rate unchanged. The first paragraph of the announcement summarizes the current monetary policy changes - this month it is the decision to leave the target federal funds rate ...
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Christina D. Romer Sumerlin Lecture Johns Hopkins University

... But, in the fall of 2008, the Fed was pulling out every tool it had to try to halt the panic. It pumped in unprecedented amounts of liquidity. It bailed out institutions like AIG. It persuaded the FDIC to guarantee all new bank debt. And, on top of this, we had deposit insurance, so most retail cust ...
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... • Marx suggested that the rate of profit would depend on the surplus value and composition of capital in the economy as a whole. • There were mathematical complexities in this that were not resolved until the 20th century. • Another problem is: what do we mean by the labor cost of labor? • For a Mar ...
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... many difficult questions the answers to which are not obvious or capable of resolution in the foreseeable future, although some important linkages have been identified. Further development of LUTI and CGE models is needed. 2. At this stage, the evidence suggests that a fully specified cost benefit a ...
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... After a trough, activity increases in an expansion or boom until it reaches a peak A particularly severe recession is called a depression The sequence from one peak to the next, or from one trough to the next, is a business cycle Peaks and troughs are turning points Turning points are officially des ...
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CH 8 PDF - Cameron University

Chapter 8 - Florida International University
Chapter 8 - Florida International University

... After a trough, activity increases in an expansion or boom until it reaches a peak A particularly severe recession is called a depression The sequence from one peak to the next, or from one trough to the next, is a business cycle Peaks and troughs are turning points Turning points are officially des ...
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Liquidity Trap - Portland State University
Liquidity Trap - Portland State University

< 1 ... 379 380 381 382 383 384 385 386 387 ... 619 >

Business cycle

The business cycle or economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions or booms), and periods of relative stagnation or decline (contractions or recessions).Used in the indefinite sense, a business cycle is a period of time containing a single boom and contraction in sequence.Business cycles are usually measured by considering the growth rate of real gross domestic product. Despite being termed cycles, these fluctuations in economic activity can prove unpredictable.A boom-and-bust cycle is one in which the expansions are rapid and the contractions are steep and severe.
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