n the 1970's in the U.S., what happened to inflation and unemployment? What caused this to happen? The 80's and 90's brought about more stability in world economic systems. Explain the change in central banks that contributed to this effect. What happened to interest rates after the financial crisis of 2008? Was that result expected? What are the dangers of having an inflation rate that's too low? Should central banks be independent of the federal government? Why or why not?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
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Chapter1: Making Economics Decisions
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In the 1970's in the U.S., what happened to inflation and unemployment? What caused this to happen?

The 80's and 90's brought about more stability in world economic systems. Explain the change in central banks that contributed to this effect.

What happened to interest rates after the financial crisis of 2008? Was that result expected?

What are the dangers of having an inflation rate that's too low?

Should central banks be independent of the federal government? Why or why not?

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