In 2009 In The Wake Of The Global Financial Crisis

In 2009, in the wake of the global financial crisis and when interest rates were at their lowest, the U.S. government instituted a “cash for clunkers” program and later a “cash for appliances” program. Both rebate programs were designed in part to stimulate new spending on automobiles and major appliances. What does the implementation of these programs imply about the government’s views of the health of the interest rate channel during that time?

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount