Reference no: EM133552010

Topic: "One Day in the Seat of the Chair of the Federal Reserve Board"

Imagine that you have been given the opportunity to serve as Chair of the US Federal Reserve Board. Please answer the following:

Question 1)Your assessment of what you consider to be the biggest challenge facing the US economy today. State the challenge, say why it is the most important problem in the US economy today, say whether it is a new or an old problem and how it emerged, and state the main effects on the economy and the people of the US. Illustrate your discussion with some quantitative evidence on the particular challenge you've identified (in the form of figures, tables, etc.).

Question 2)What you would propose as the best solutions or instruments that the Federal Reserve can use to help address the problem you've identified, how they would be rolled out/implemented, why and how you believe they would be effective in solving the problem.