Hey, i have attached the answer. i hope everything is to your satisfaction, if not just let me know and we can make corrections
Professor and Scholars,
First, I would like to state the great responsibility the federal reserve chairperson has in
controlling monetary policies for the country. This is done by utilizing the federal fund rates to
balance fluctuations of unemployment and unemployment. Increasing the federal fund rate
decreases inflation but increase unemployment rates.in a different scenario, if fund rates are
reduced, it causes a decrease in unemployment rates but increases inflation.
Within the elements of the monetary policy game, Federal fund rates were at 4.5%,...