The Economist (2018)

IN 1977 America's government gave the Federal Reserve what seems like a straightforward goal: maximum employment. Janet Yellen, the current chairman of the Fed, thinks America is pretty close; at 4.7%, the unemployment rate is quite low by historical standards.

Comments

No comments yet. Be the first to comment!

Related Chunks

Related chunks with this resource

This Article can be found in 1 chunk
a collection of big-ideas and theories in Economics. A collection of resources about Economics, designed to provide comprehensive insights into the principles, theories, and applications of economic thought. This collection explores key themes such as microeconomics and macroeconomics, the role of supply and demand, market structures, and th...

MORE RESOURCES FROM SOURCE

More in Course Chunks from   The Economist