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Financial Question and Answer

  • Go to http://sffed-education.org/chairman. Use the Learn More button and review the tight ;(contractionary) and easy (expansionary) tools of the Fed as well as the use of each. Briefly examine the Economic Dictionary and the Policy in Depth features.
  • Now play the game! You are the Fed Chairperson! You begin with 16 quarters, 4 years, then your job is up for review. You begin with rates at 4.5, inflation at ;2.14% and unemployment at 4.75%.
  • Make decisions on interest rates for the 16 quarters. Summarize the changes you chose and explain your results. Do you still have a job? Why or why not?

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