To what extent is the Federal Reserve independent of political pressures? Is this independence appropriate?

Q: One of the missions of the Federal Reserve is to strive for low interest rates and low unemployment.…

A: Fiscal policy influences the Quantity of aggregate demand through changes in government spending and…

Q: Should Central Banks be independent? Explain and discuss.

A: The question of whether central banks should be independent is a topic of ongoing debate in the…

Q: Social security in the U.S. is funded by government expenditures current and future taxes the…

A: Note:- Since we can answer only one question at a time, we'll answer the first one. Please repost…

Q: There was a temporary increase in the price of oil. Why does an increase in price of oil pose a…

A: FED faces a trade-off i.e. dilemma of either lowering the inflation rate or increasing real GDP. FED…

Q: The Federal Reserve uses three main tools to conduct monetary policy, which are open market…

A: Monetary policy refers to the policy followed by the central bank of the country under which is…

Q: Which of the following is an example of representative money?   Group of answer choices   Gold…

A: Representative money is money created by the government and backed by a physical asset such as…

Q: If you were to survey central bankers from around the world and ask them what they believe the…

A: The objective of the question is to understand what central bankers around the world believe to be…

Q: pick one of the four tools the Fed uses to conduct monetary policy and discuss how it causes a…

A: In an economy, any of the monetary tools can be used to influence the behavior of market…