What to do & Why?
You and your group are members of the Board of the Federal Reserve. You are presented with the economic situation below:
Unemployment is at 6% and has increased steadily the last 6 months. GDP growth fell to 0.2% last quarter, and is expected to be negative this quarter.
As Board members, it is your role to propose the appropriate actions. You also must assess the potential consequences of those actions in terms of price levels, GDP growth, the money supply, etc.
How to do it?
Your group is to present your proposed actions, along with a consideration of the consequences, to the Board as a whole. This may be done as an audio-visual presentation or formally submitted in writing.
What to submit?
You can upload your final product here. This can be a word document, PowerPoint, video, or other audio-visual tool. Since it is meant to be collaborative, links to Google Docs / Slides are also acceptable; be sure it is shared with your instructor so that they can view it.
What to do & Why? You and your group are members of the Board of the Federal Re
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