1. Why was there significant political pressure against the disinflation policies?
2. Regarding the "Great Moderation":
a) when did it occur?
b) what happened to the rate of growth of real GDP and inflation during this time?
3. How did changes in business management, such as improved methods of managing inventories, affect the economy during the era of the Great Moderation?
4. Describe the factors that contributed to the rapid rise in housing prices in the late 1990s up to the start of the financial crisis in 2008?