... of the current administration could cost him his job. This case follows classes on fiscal and monetary policy in normal times and is the first class in a sequence on macroeconomic challenges–in this case, stagflation–high inflation and high unemployment. Students are pushed to consider why macroeconomic...

...—without the permission of the Darden School Foundation. Monetary policy central banking oil price housing market interest rates macroeconomics macroecnomic management exam case Government/Nonprofit On October 24, 2005, President Bush nominated Ben S. Bernanke, PhD, who had been...