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Specification:

  • Monetary Policy

Click to read the article below and then answer the questions:

When presidents lean on Fed chairs, everybody loses

  • Which presidents put the most political pressure on Fed chairs?

  • What are some difficulties of measuring the effect of political pressure on Fed chairs? 

  • Why is it notable that Fed Chairman Burns followed an expansionary monetary policy in a period of inflation?

  • What actions does that mean Burns implemented?

Ariel Slonim at MRU Econinbox

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