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Write a 350- to 700-word analysis assessing how 1 of the following major economic events influenced supply, demand, and economic equilibrium in the US economic activity.

Economic Events Influence on Economic Activity Analysis

Write a 350- to 700-word analysis assessing how 1 of the following major economic events influenced supply, demand, and economic equilibrium in the US economic activity: Crippling interest rates by the Federal Reserve, such as those of the 1975 – 1985 time period

Cite at least 2 academically credible sources. The use of charts and tables to illustrate data is highly encouraged.

Resources:

https://www.sciencedirect.com/science/article/pii/S0261560618303942

https://www.stlouisfed.org/education/ten-fred-activities-in-ten-minutes

https://www.govinfo.gov/content/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf

https://www.federalreservehistory.org/essays/great-inflation