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Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate.
Chair the fed a monetary policy game answer. In a one page paper answer the following questions. As the chair of the board of governors of the federal reserve how did you respond to these changes in terms of changing monetary policy. A monetary policy game. Think you have what it takes to run our country s central bank.
See if you can achieve full employment and low inflation as chair of the fed. Favorite answer you re going to find out the two goals are generally mutually exclusive. Think you have what it takes to run our country s central bank. What trends in the economy did you encounter.
How did the economy react to your monetary policy changes. That s why the fed should be sticking to its original task of maintaining a stable money supply. Were you reappointed at the end of the game. Top tips for the fed chairman game.
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