Need help with a Fed Chairperson for my economics class

Jan 11th, 2016
FratBro23
Category:
Economics
Price: $10 USD

Question description

Please respond to the following:

  • Go to http://sffed-education.org/chairman. Use the Learn More button and review the tight  (contractionary) and easy (expansionary) tools of the Fed as well as the use of each. Briefly examine the Economic Dictionary and the Policy in Depth features.
  • Now play the game! You are the Fed Chairperson! You begin with 16 quarters, 4 years, then your job is up for review. You begin with rates at 4.5, inflation at  2.14% and unemployment at 4.75%.
  • Make decisions on interest rates for the 16 quarters. Summarize the changes you chose and explain your results. Do you still have a job? Why or why not?

Tutor Answer

(Top Tutor) Daniel C.
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School: UC Berkeley
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ddg82
Dec 4th, 2016
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Nov 22nd, 2016
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Nov 21st, 2016
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Nov 12th, 2016
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lilmoe415
Oct 29th, 2016
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Oct 7th, 2016
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Sep 28th, 2016
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Sep 23rd, 2016
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