Final Project Milestone Three: Monetary Policies ECO 202 Monetary Policy The Special Credit Restraint Program (SCRP) had been introduced in 1980. Interest rates and real GDP growth were both extremely volatile in in the early 1980’s.Paul Volcker monetary policy helped reduce inflation rates and bring economic growth back to the nation. Monetary Policy Actions The […]
Final Project Milestone Two: Fiscal Policies ECO 202 Fiscal Policy Real rates and the sudden impact of oil and mortgage prices rolled affected the1980’s (Nelson, E, 2004). Paul Volcker, Chairman of the Federal Reserve and actions of the FMOC on August 6, 1979 led to the recession of the early 80’s (Walsh, C, 2004)..In 1980
Final Project Milestone One: Macroeconomic Data Report ECO 202 Ten-Year Period of U.S. Economic History Overview The United States started off the decade going into a recession. (U of Cal Berkley, 2011).Reagan era tax cuts and stimulus helped turn the economy around robustly U of Cal Berkley, 2011).Increase in military spending and tax cuts thus