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?

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?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

1) https://openstax.org/books/principles-macroeconomics-2e/pages/15-1-the-federal-reserve-banking-system-and-central-banks 2) https://openstax.org/books/principles-macroeconomics-2e/pages/15-2-bank-regulation 3) https://openstax.org/books/principles-macroeconomics-2e/pages/15-3-how-a-central-bank-executes-monetary-policy please I need a short summary for these articles.
describe the actions the Federal Reserve took to maintain a healthy economy during the recent economic crisis. in your opinion, were the actions necessary? were the Fed’s actions effective?
Which of the below statements DOES NOT CORRECTLY describe the immense power or policy choice of the Federal Reserve (the Fed)? Group of answer choices The Fed can inject money into the financial system after sudden shocks, such as the 1987 stock market crash or the terrorist attacks on Sept. 11, 2001. The Federal Reserve controls the money supply and therefore the credit tap for the economy. The Fed can use monetary policy to counteract economic downturns or prevent them from happening. When the Fed opens the credit tap and increases the money supply, interest rates rise and people buy less and borrow less.
The Fed is the most independent of all U.S. government agencies. Why? Explain. Answer the question directly. Refer to examples.
(a) The Federal Reserve Bank of the United States (i.e., the Fed) is responsible for financing the operations of the federal government. True or false? Explain. (b) Changes in reserve requirements are an effective monetary policy tool that the Fed uses frequently to control the money supply. True or false? Explain.
Part 1:What is the major objective of monetary policy in the US economy? Explain why. Part 2:How is the chairperson of the Federal Reserve selected? Part 3: Find the names of the current chairperson of the Federal Reserve and members of the Board of Governors of the Federal Reserve System. Part 4: What is the purpose of the Federal Open Market Committee (FOMC)?
What's the feds, Its purpose? Who is the person in charge?
The question is in the image.
Which one of these policies should the Fed engage in if unemployment is very high and inflation is under control? Select one: a. Buy government bonds through an Open Market Operation b. Print more money and give it directly to tax payers c. Lower corporate and income taxes d. Raise the discount rate e. Lower consumer confidence
summary explaining the four main tools the Fed uses to change the money supply
If you were to survey central bankers from around the world and ask them what they believe the primary task of monetary policy should be, what would the most popular answer likely be?
The Federal Reserve was first established in 1915. True False