Stabilization PolicyUnknown - 2012
Between 1982 and 1985, the Fed tightened the money supply to combat inflation, despite rising unemployment. Also in the 1980s, U.S. citizens began to feel the debilitating effects foreign trade would have on job loss. Paul Volker's monetary policy in the mid-1980s was designed to quell inflation once and for all. However, in the first decade of the 21st century, when unemployment skyrocketed and the banking system and major corporations needed a bailout to survive, we questioned whether we could still control the economy. These stories highlight arguments for and against active government counter-stabilization policy.
Publisher: [Place of publication not identified] : Annenberg Learner (Firm), 
Edition: 21st Century Edition
Copyright Date: ©2012
Characteristics: video file,rda 1 online resource (1 video file (28 min., 14 sec.)) : color and sound
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