Eco.docx ECO/535 Economic Events ECO/535 Economic Events The interest rates before 200

eco.docx  ECO/535  Economic Events ECO/535  Economic Events  The interest rates before 2007 from 2005 were relatively higher as contractionary monetary policy was practiced by US FED due to high inflation and hot money flowing in from Asian financial markets. Economic Events Influence on Economic Activity Throughout its history, the United States has had its fair share of economic instability. Just this century, we have had events such as the 1973 oil embargo “ followed by a major hurricane, the housing collapse of 2006 - which lead to the most recent recession, and in 1994- 2000 we had the œdot-com bubble and its crash. Due to the internet playing such a monumental role today, I will be going over the dot-com event and assessing how this major economic event influenced supply, demand, and economic equilibrium in the US economic activity.  The period of 2010 to 2015 saw interest rates constant, coupled with an expansionary fiscal policy like unemployment insurance, a program like TARP and TNAF, and tax cuts and tax credits to businesses. To begin, Investopia describes the event as œThe dotcom bubble, also known as the internet bubble, was a rapid rise in U.S. technology stock equity valuations fueled by investments in internet-based companies during the bull market in the late 1990s. During the dotcom bubble, the value of equity markets grew exponentially, with the technology-dominated Nasdaq index rising from under 1,000 to more than 5,000 between the years 1995 and 2000 (Hayes, 2019)