POSSIBLE QUESTIONS FOR JANUS' ECON TEST

By Anonymous -
1. Explain in detail open market operations--both expansionary and contractionary.

 2. What is the yield curve? Why does an inverted yield curve often predict a recession?

 3. The efficient market theory, bubbles, and regulation. What are the connections?

 4.Explain the Fed's unconventional monetary policy during the Great Recession and in its wake?

 5.What are the criticisms on unconventional monetary policy?

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