Which is NOT needed for the Fed to design and implement effective monetary policy to reduce the severity and length of a recession? the ability to control the money supply in a timely manner the ability to change taxes banks that are responsive to the Fed's actions reliable, accurate data about the state of the economy

Which is NOT needed for the Fed to design and implement effective monetary policy to reduce the severity and length of a recession? the ability to control the money supply in a timely manner the ability to change taxes banks that are responsive to the Fed's actions reliable, accurate data about the state of the economy

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

Which of the following is NOT one of the three tools used by the Fed to implement US monetary policies? discount rate printing more money open market operations reserve requirement regulations
Q.15. The Federal Reserve System is the central bank of the United States, and institution established by the Federal Reserve Act of 1913, the parameters of which can be amended by Congress. As a central bank, the key functions of the Fed are to: To conduct monetary policy, support financial system stability and provide banking services to banks and the federal government To conduct fiscal and monetary policy To advise the President and Congress on economic policy 4. To managing and monitoring the money supply. select one and explain
1) when the fed realises that inflation is going up at an unstable rate for the economy , which of the following are they most likely do ? (a) print more money (b) increase the discount rate (c) lover the reserve ratio
As a governor of the Central Bank of Egypt, how could you use the THREE tools of monetary policy to control inflation and recession? Discuss each tool and use a table to demonstrate your analysis for the two scenarios
Suppose that the economy is producing above potential GDP and the Fed implements the correct change in monetary policy, but not until after the economy has passed the peak of the boom. Then A) the Fed's contractionary policy will result in too large of a decrease in GDP. B) the Fed's contractionary policy will result in too small of a decrease in GDP. C) the Fed's expansionary policy will result in too small of a decrease in GDP. D) the Fed's expansionary policy will result in too large of an increase in GDP.
Comment on the Fed's current monetary policy based on Powell's testimony.
Assume the economy is suffering from massive inflation and you are the Chairperson of the FED. What type of monetary policy would you employ and describe what changes are made to the “three tools” of monetary policy. Describe the subsequent impact on the money supply, interest rates, aggregate spending, and real GDP.
A3) Finance Why were monetary policy responses ineffective during the Great Depression?
The most effective tool of Monetary Policy at the Fed's disposal is Open Market Operations. the Required Reserve Ratio. the Discount Rate.
Explain the FED role to cope with rising inflation.