ECO372 ECO372 ECO 372 Week 4 Individual Assignment (use as a guide only)

Feb 3rd, 2012
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ECO 372: Week 4 Individual Assignment DUE: Saturday, January 7th, 2012 Assignment Instructions: Individual Textbook Questions Resources: Ch. 28 of Economics Prepare a 1,050- to 1,400-word paper in which you complete the following Web Questions: • Web Question 1 (Below) • Web Question 2 (Below) Analyze how the money multiplier facilitates creating money by the banking system. Format your paper consistent with APA guidelines. Web Questions 1 & 2 1. Go to the Federal Reserve’s home page at www.federalreserve.gov. a. Who is the chairman of the board? For how long has he or she served? b. Who are the governors of the board? c. The site publishes a short biography for each governor. What experiences and/or degrees do all members have? What experiences and/or degrees differ among members? 2. Go to the New York Fed’s Web site at www.ny.frb.org/research/current_issues/ci2-7.pdf to read “The Yield Curve as a Predictor of Recessions.” Then ans

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