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go to https://www.sffed-education.org/chairthefed/default. 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, and 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?

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Running head: DECISIONS ON INTEREST RATES

Decisions on Interest Rates
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DECISIONS ON INTEREST RATES

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Decisions on Interest Rates
The Central Bank of the United States of America is a government agency that manages
monetary policy and controls the system of banks (Bussing, 2015). I tried the game several
times. The last time I gave it a shot the numbers were almost perfect. When I started my tenu...


Anonymous
Excellent! Definitely coming back for more study materials.

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