Chair The Fed Game Answers

See if you can achieve full employment and low inflation as chair of the fed.

Chair the fed game answers.

This article is about the role of the federal reserve the fed in controlling unemployment and inflation the economy of any country revolves around the interaction of certain key economic forces or pillars which trade off to give a variety of. A monetary policy game. Chair the fed game play the chair the fed game. Get re appointed take a screen shot and post it in this assignment submission.

After the first three month period has passed pause the game. The goals are as follows. Get re appointed take a screen shot and post it in this assignment submission. Inflation 2 and unemployment 5.

Inflation can be lowered when the federal funds are set higher but this will also temporarily increase unemployment. If anyone is familiar with the chair the fed game i need to get the reappointed as fed chair results for my class homework. When you win i e. Remember that the fed funds rate is the primary tool for monetary policy and is shown on the game screen green line in the chart area is initially set at 4 rate.

Glenn rudebusch executive vice president director of economic research at the federal reserve bank of san francisco explains the economic model behind chair the fed. Think you have what it takes to run our country s central bank. How did the economy react to your monetary policy changes. The game puts you in the position of the fed chairman and you must manipulate interest rates in order to balance unemployment and inflation.

As the chair of the board of governors of the federal reserve how did you respond to these changes in terms of changing monetary policy. It deals with exactly what we are studying right now monetary policy. Click on the learn more button before playing. The game puts the player in the role of setting monetary policy as chair of the fed.

Check out this game created by the federal reserve. Further to maintain the inflation rate fed rate was to be increased. The fed chairman game. Were you reappointed at the end of the game.

Chair the fed game chair the fed game videos. Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate. For achieving the goal of decreasing the unemployment rate fed rate was to be cut. Top tips for the fed chairman game.

When you win i e. Help with chair the fed game.