Following u. s. involvement in the korean war and the related period of low unemployment and rising prices, the federal reserve intervened to curb growth and decrease inflation. at what point in the business cycle did the federal reserve take action?
In the Business Cycle, the trough phase happens after the contraction and before the expansion. That point of the cycle marks the end of the decline that starts in the Contraction phase after the Peak.
The Federal Reserve takes action at this point of the business cycle to stop it and move towards the Expansion phase that is when employment levels, business activity, and gross domestic product resurge.
I hope this answer helps you.
The Federal Reserve became involved during the peak (second phase) and we know this because during this period of time the stock market remained in the expansion phase for years.
I agree with the previous answer provided by another user. The involvement of the F.R actually enhanced the economy condition of the country.
Hope this helps!
during this phase, one might argue that the economic condition of country is probably the best of what it's ever achieved
hope this helps
Which of these is a natural monopoly?
d. Sewage treatment
If the economy is in decline, and the Federal Reserve wants to encourage banks to lend to consumers, which step will the Fed likely take?
c. Increase the federal funds rate.
Which of the following is a government price control?
b. Minimum wage
Following U.S. involvement in the Korean War and the related period of low unemployment and rising prices, the Federal Reserve intervened to curb growth and decrease inflation. At what point in the business cycle did the Federal Reserve take action?