Discussion:
1.Monetarists disapprove of how the federal reserve conducts monetary policy. what is it about the feds policy process that bothers them? Discuss their criticism
2.Some economists contend that the philips curve no longer exists in the US. Others argue that it has simply shifted extensively to the left.who is correct? explain ur answer
3.the US economy is currently in a very sluggish "expansion" phase of the business cycle.if you were advising the president of the US and the chairman of the fed reserve , what monetary policy , fiscal policy, or other alternative actions would u advise them to take to stimulate the expansion
a. explain ur reason for each policy or alternative action proposed
b. if u advise them to take no new actions explain ur reasons for this advise