Thursday, May 01, 2008

Unit 3: Expansionary macro policy in action in the USA

A great clip from the BBC showing how the US authorities are trying to stimulate the economy

http://news.bbc.co.uk/player/nol/newsid_7370000/newsid_7376600/7376663.stm?bw=bb&mp=wm&news=1&nol_storyid=7376663&bbcws=1

a) What policies are the US authorities using?
b) How should they stimulate the US economy?
c) Draw a diagram to show this effect
d) Why might the policies not be effective?

No comments: