Question: Intermediate Macro Question, looking for any advice on how to answer it. Thank you. Recently a well-known macroeconomist said, The Volcker era was a war

Intermediate Macro Question, looking for any advice on how to answer

Intermediate Macro Question, looking for any advice on how to answer it. Thank you.

$it. Thank you. Recently a well-known macroeconomist said, \"The Volcker era was$

Recently a well-known macroeconomist said, \"The Volcker era was a war on ination; the Powell era is a war on unemployment.\" [Powell is the current Fed chair]. Describe what is meant by the phrase \"war on unemployment.\" What does this war entail? What are the dangers of engaging in such a war? Describe how the \"war on unemployment\" relates to the US economic experience of the 1960s

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