What is a recession?
Moody’s Analytics' Chief Economist Mark Zandi explained the definition of a recession and the government tools to respond to one. He explained actions related to fiscal and monetary policies that the government can use in recessions.
Description
Moody’s Analytics' Chief Economist Mark Zandi explained the definition of a recession and the government tools to respond to one. He explained actions related to fiscal and monetary policies that the government can use in recessions.
Bell Ringer Assignment
- What are the indicators of a recession?
- How can the government use interest rates and monetary policy to respond to a recession?
- What is fiscal policy? How can the government use fiscal policy to respond to a recession?
- What are limitations to fiscal and monetary policies?
Additional Resources
Participants
Vocabulary
- Automatic Stabilizers
- Contraction
- Debt
- Deficit
- Federal Funds Rate
- Federal Reserve
- Fiscal Policy
- Government Spending
- Gross Domestic Product
- Interest Rate
- Monetary Policy
- Recession
- Tax Cut
- Unemployment Rate