1. Describe the structure of the Federal Reserve System. Why was it designed this way? Should it be considered a more centralized or decentralized organization? 2. How does the FED rate along the scoring of the features you described?
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1. Describe the structure of the Federal Reserve System. Why was it designed this way? Should it be considered a more centralized or decentralized organization?
2. How does the FED rate along the scoring of the features you described?
3. What are two reasons that it took so long for the US government to adopt fiscal policy as a set of stabilization tools?
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- Please select ONE of the following questions as your discussion topic and respond with a paragraph or two that directly answers the question AND makes reference to class materials. For full credit, you must also respond to the posts of at least two of your classmates. 1. The Federal Reserve Board has enormous power over people's lives with its power to set and influence policy that determines monetary policy in the United States. Do you think this is proper for a democracy to provide the FED with so such power? How is the FED held accountable?1. What were the factors that led to the adoption of modern monetary and fiscal policies? 2. Why was the US economy so disinflationary and deflationary in the 1800s? 3. What prompted the creation of the Federal Reserve System?a. b. C. What will the federal government do to taxes? increase What will the federal government do to government spending? decrease What impact will this have on consumer spending? they cannot buy as mucl QUESTION 5 QUESTION 4 Directions: Use the given scenarios and the information you have learned about Fiscal and Monetary policy to complete the questions that follow The economy of Northhurst is currently experiencing GDP growth of over 7% with inflation rates of 4% and unemployment of 1% Jaelyn finds that everything she wants to buy costs m ore money, but her wages haven't increased. She is worried about being able to afford everything she needs. The Results As the money supply (increases/decreases) businesses will get (more/less) | (increases/decreases) When that happens Jaelyn will see prices (rise/fall) Q 2 F2 Directions: Use the given scenarios and the information you have learned about Fiscal and Monetary policy to complete the questions that follow The economy of Andorra is…
- Review the rubric to make sure you understand the criteria for earning your grade. Read the articles An Update on the Economy and Monetary Policy and Recent and Near-Term Fiscal Policy Write a five- to six-page paper answering the following regarding fiscal and monetary policy changes: Explain the key aspects of today’s monetary policy and how they are affecting GDP and aggregate demand/aggregate supply. Explain the key aspects of today’s fiscal policy and how they are affecting GDP and aggregate demand/aggregate supply. Are these policies being well coordinated today? In essence, are they both working in unison to address current economic conditions? Explain. What are these policies’ effects on aggregate supply and aggregate. Do understand they affect supply as well as demand. You must use a minimum of five sources for your research paper, at least three of which are scholarly. Use proper spelling, grammar, and APA formatting for your analysis paper. When you have completed your…What is one of the roles of staff economists who work at each of the Federal Reserve Banks? a. Creating policy and implementing it to make changes in economic conditions. b. Speaking to members of the media and press during FOMC press conferences. c. Conducting research on many aspects of the economy and studying policy-related issues d. Providing the U.S. Senate with the proper information to make fiscal policy that complements the Fed's monetary policy.1. What are the roles for fiscal policy that might be less effective if left to monetary policy? 2. What are some clear advantages of monetary policy over fiscal policy? 3. What are some of the principles behind monetary policy? 4. Why did it take so long for the US government to adopt effective use of monetary policy?
- In modern developed economies, central banks (like the U.S. Federal Reserve System) perform at least two major tasks; they: Select one: a. conduct fiscal policy and serve as financial intermediaries. b. control the money supply and collect tax revenues. c. conduct fiscal policy and serve as lenders of last resort. d. control the money supply and regulate banks.What is the main argument for having a Central Bank independent from the government for the purposes of monetary policy? Select one: a. An independent Central Bank would have more resources available to devote towards implementing monetary policy b. An independent Central Bank would be more knowledgeable about the state of the economy. Consequently, the Central Bank would be better suited to implementing monetary policy c. The Central Bank is more credible in its inflation and cash rate targets. Consequently, inflation expectations will adjust appropriately to monetary policy announcements d. Having an independent Central Bank prevents any economic trade-offs when making monetary policy choicesASAP When the economy is in recession and the Fed wants to do expansionary policy, explain what all 4 types of policies they could undertake.
- 67. During the financial crisis of 2008, the Federal Reserve took extreme policy measures. Which of the following is the BEST characterization of its policy? a. It was a complete reversion to the idea that eventually the economy is self-correcting and the best policy is to wait it out. b. It was a massive injection of liquidity to banks and major purchases of U.S. government securities, which resulted in a near-zero federal funds rate. c. It was a moderate approach that limited monetary growth to the rate of growth of real GDP. d. It was based on a realization that the Federal Reserve was ineffective in the face of such a crisis. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.1. What are the political and economic limitations upon (a) fiscal policy and (b) monetary policy? 2. What are the implications of a liquidity trap for the Federal Reserve?Suppose that the Bank of Canada determines that the Canadian economy is currently overproducing. What can the Central Bank do to slow down economic activity? a. The Central bank can pursue an expansionary monetary policy by increasing the money supply, causing a decrease in the interest rate. As a result, real GDP will increase and the price level will increase. b. The Central bank can pursue a contractionary monetary policy by decreasing the money supply, causing a decrease in the interest rate. As a result, real GDP will decrease and the price level will decrease c. The Central bank can pursue a contractionary monetary policy by decreasing the money supply, causing an increase in the interest rate. As a result, real GDP will decrease and the price level will decrease. d. The Central bank can pursue a contractionary monetary policy by decreasing the money supply, causing an increase in the interest rate. As a result, real GDP will decrease and the price level will increase e. The…