Describe the necessity for the board of governors

Assignment Help Microeconomics
Reference no: EM13890611

Answer the following questions. Make sure to give full and complete answers with support. Explanations should be a minimum of 5-6 sentences each.

o If the Federal Open Market Committee is not allowed to simply declare Interest Rates, what authorities do they have? How do these lead to changes in the interest rate you pay?

o Go to the "Board of Governors of the Federal Reserve System" page (there is a link provided under the reading list). Open the statement provided from the most recent FOMC meeting and explain their current outlook on Economic Growth. What are the positives and negatives they have identified?

o What is the dual mandate of the Federal Reserve? How are these two things consistently at odds? Explain. How does this make the job of the Federal Reserve tricky? Explain.

Hint: You'll need to find the Dual Mandate on the Federal Reserve's website. It may also be helpful to research the intent of the mandate.

o Describe the necessity for the Board of Governors within the Federal Reserve Banking System to maintain some isolation from public policy (politics).

What protections are they afforded to help avoid the issue of political persuasion/corruption? Why might these protections also be counterproductive?

Reference no: EM13890611

Questions Cloud

Deliver the value: the ikea case study : IKEA is a Swedish-owned global business founded in 1943.The business generates annual revenues of 27 billion euros and employs 139,000 people in 298 stores and 26 countries. The values and design philosophy of the founder continue to underpin the bra..
How would you accomplish just the right mix of socialization : How would you ensure that you maintain a productive relationship with the Meeting Rambler and that this person does not feel uncomfortable as a result of your discussion of their meeting rambling?
Prepare the balance sheet for this company : Prepare the balance sheet for this company as of December 31, 2011, following usual IFRS practices.
What genres does panjabi mc blend in mundian to bach ke : British pop artist of Indian descent? What genres does Panjabi MC blend in "Mundian to Bach Ke"? What is Bollywood-remix? What genres of music does it blend
Describe the necessity for the board of governors : Describe the necessity for the Board of Governors within the Federal Reserve Banking System to maintain some isolation from public policy (politics).
Review the article- predictors of police suicide ideation : Review the article, "The Relation Between Mindfulness and Posttraumatic Growth: A Study of First Responders to Trauma-Inducing Incidents." Consider the potential police reactions to trauma-inducing incidents.
Describe the investing advice provided in the article : Describe the investing advice provided in the article and explain how market forces will make different industries perform differently in the same stage of the business cycle.
Core pillars of the cress theory of color confrontation : Identify and explain the two core pillars of the Cress Theory of Color Confrontation and Racism. Use stories from thenews, personal experience and observations, and information from Dr. Frances Cress Welsing's book
How do the concepts of microeconomics help : How do the concepts of microeconomics help

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd