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Macroeconomics: Economic Events and Policies from 2000 to 2010

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Added on  2023-04-11

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This presentation provides an overview of the economic events and policies that occurred in the US from 2000 to 2010. It covers the tech bubble burst, housing crisis, and the fiscal and monetary policy actions taken to address these challenges. The presentation also discusses the impact of these events on economic growth, unemployment, inflation, and interest rates. References are provided for further reading.

Macroeconomics: Economic Events and Policies from 2000 to 2010

   Added on 2023-04-11

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Macroeconomics
Name of the Student
Name of the University
Course ID
Macroeconomics: Economic Events and Policies from 2000 to 2010_1
Introduction
Series of economic events from 2000 to 2010
Two significant events
Tech bubble bust in 2001
Housing crisis in 2008
Recessions damage the economic growth.
More severe impact than the great depression
Fiscal and monetary policy actions
Macroeconomics: Economic Events and Policies from 2000 to 2010_2
Economic Growth
GDP: measures of economic activity
Real GDP was 13.13 trillion dollars in 2000
Growth rate was 4.1 percent
Growth declined to 1 percent in 2001
Because of tech bubble burst
9/11 attacks, war on terror, Iraq war
Slow recovery Figure 1: Real GDP and
associated GDP growth rate from
2000 to 2010
Macroeconomics: Economic Events and Policies from 2000 to 2010_3
Economic Growth
Growth slightly declined to 3.5 percent in 2005
Hit of Katrine and introduction of Bankruptcy act
Growth further declined to 2.9 percent
Tight monetary policy
Increase in interest rate
Economic downturn since the end of 2007
Financial crisis that fully occurred in 2008
Macroeconomics: Economic Events and Policies from 2000 to 2010_4

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