(Answered) Discuss one of the united states modern-day 1970-present

Management Studies

Discuss one of the United States' modern-day (1970-present) economic shock (positive or negative). In particular, briefly explain:

a. What happened to the US's GDP, currency, investment, and/or the trade balance?

b. What was the fiscal response? (i.e., what did the US' government do?)

c. What was the monetary response? (i.e., what did the US' Central Bank do?)

d. How did the positive/negative shock end?

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