Description
Complete in word file and ADP format.
Your task is to complete all assigned questions to the best of your ability.
- In two or more sentences, describe the goals and objectives of the Federal Reserve?
- Does the Federal Reserve or the federal government set interest rates for our country?
- What are the three (3) monetary policy tools used by the Federal Reserve?
- What are the two (2) fiscal policy tools used by the federal government?
- In one to two sentences, define the term, “Quantitative Easing?”
- Does the Federal Reserve or the federal government print our country’s paper money?
- In one to two sentences, describe expansionary monetary policy?
- In one to two sentences, describe expansionary fiscal policy?
- Explain how the Federal Reserve would be able to contract our country’s money supply using all three monetary policy tools?
- Explain how the Federal Reserve would be able to expand our country’s money supply using all three monetary policy tools?
Secondary sources:
Grading Rubric:
Your project will be graded using the rubric below:
F | F | C | B | A |
0 | 1 | 2 | 3 | 4 |
Did Not Submit | No Pass | Competence | Proficiency | Mastery |
Failure to adequately what the Federal Reserve Bank is, failure to state what the M1 and M2 money supply is and failure to adequately state what fiscal policy is. | Able to state what Federal Reserve Bank is, what the M1 and M2 money supply is and adequately state what fiscal policy is. | Able to state what Federal Reserve Bank is, what the M1 and M2 money supply is and adequately state what fiscal policy is Also able to give examples Federal Reserve Bank is, what the M1 and M2 money supply is and adequately state what fiscal policy is | Able to state and articulate what Federal Reserve Bank is, what the M1 and M2 money supply is and adequately state what fiscal policy is Also able to give examples and articulate what Federal Reserve Bank is, what the M1 and M2 money supply is and adequately state what fiscal policy is |
Explanation & Answer
Attached.
OUTLINE
INTRODUCTION
BODY
CONCLUSION
REFERENCE
Running head: ECONOMICS
1
The Fiscal and Monetary Policy
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ECONOMICS
2
Table of Contents
The Fiscal and Monetary Policy ..................................................................................................... 3
Federal Reserve ............................................................................................................................. 3
Setting Interest Rates in the Country.......................................................................................... 4
Monetary Policy Tools .................................................................................................................. 4
Fiscal Policy Tools ......................................................................................................................... 5
Quantitative Easing ...................................................................................................................... 5
Printing of the Country’s Paper Money ..................................................................................... 5
Expansionary Monetary Policy ................................................................................................... 6
Expansionary Fiscal Policy .......................................................................................................... 6
Contracting Money Supply .......................................................................................................... 6
Expanding Money Supply ............................................................................................................ 7
Reference ........................................................................................................................................ 8
ECONOMICS
3
The Fiscal and Monetary Policy
Federal Reserve
The Federal Reserve Banks are regional banks of the US central banking system
operating und...