Identify how the New Deal affected the U.S. macroeconomy. Discuss how the U.S. economy in 2008 differed
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Question:
- Identify how the "New Deal" affected the U.S. macroeconomy.
- Discuss how the U.S. economy in 2008 differed from the U.S. economy during the "Great Depression."
- Describe the point on the Production Possibilities Curve that the U.S. economy was operating at in 2008.
- Identify how international trade affected the U.S. economy during the "Great Recession" in 2008.
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