Economics
Policy Preferences of US Federal Reserve Against Coronavirus Discussion

Question Description

I don’t know how to handle this Economics question and need guidance.

. Write a 700-800 word Op-Ed taking a side on this issue. Please make sure it is double spaced, includes your name on the top-left corner, is properly cited using APA format (ideally you should have 3-5 references; they can include news articles, research papers, books, etc.), and draws from sound economic argumentsIf you can express your thoughts more, that will be good.

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Final Answer

Hi, here is the answer.

Running head: FED’S RESPONSE TO CORONAVIRUS

Op-Ed: Fed’s Response to Coronavirus
Student’s Name
Institution
Date

1

FED’S RESPONSE TO CORONA VIRUS

2

Should the Fed Respond to the Coronavirus?
To a great extent, the coronavirus epidemic continues to threaten not only the United
States economy but also the larger global economy. The global economic activity has reached
lowest level in the recent past with adverse economic effects of the corona pandemic. The
possibility of an economic recession in the near future stands not to be ruled out considering the
fact that most businesses have ceased their operations. This is expected to worsen with the
foreseeable lockdown, and aggregate demand continues to deteriorate with the declining
purchasing power. Fed is one of the major economic regulators and hence a major player to be
largely relied on in keeping the economy afloat in the middle of such crises. The financial system
to which Fed controls is a major economic lifeline that Fed must save from the current
pandemic-caused shocks to ensure the maintenance of economic stability. In this case, therefore,
the Fed should respond to the coronavirus because it is a major economic ...

MrMark (19772)
Purdue University

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