Instruction: following the completion of your reading assignment of fiscal policy, please, visit the National Bureau of Economic Research (www.nber.org/cycles.html) and view the duration in months for contractions (recessions) experienced in the United States. And write 2-3 paragraphs relating to the questions listed below

Question 1:  What has happened to the duration of time in which contractions have been experienced in the United States in the post World War II (post 1945) era? And provide concrete examples.

Instruction: following the completion of your reading assignment of monetary policy, please visit the

Federal Reserve at (www.federalreserve.gov/releases/H15/data.htm) andclick on Monthly.

Question 2: Observe what happened to the federal funds rate during the latest recession. And provide concrete examples

Update link for questions 2…. https://www.federalreserve.gov/datadownload/Choose.aspx?rel=H15

https://www.federalreserve.gov/datadownload/Preview.aspx?pi=400&rel=H15&preview=H15/H15/RIFSPFF_N.M

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