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Answer to Question #40632 in Macroeconomics for susan

Question #40632
Summarize the role of monetary policy in contributing to the crisis.

Compare the costs and benefits to society of central bank independence.’

Why were the estimates of full-employment levels of unemployment so important?

What does “disinflation” mean? Is it desirable? Why or why not

Define the term “Great Moderation”. Give examples of its characteristics?
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