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1. Expectations play an important role in determining the level of economic activity and how the level of activity will change. What events might cause

1. Expectations play an important role in determining the level of economic activity and how the level of activity will change. What events might cause people to expect a recession? What events might cause people to expect inflation? What could be done to make the economy more predictable and help stabilize expectations?

2. Go on the internet and search for either the main Federal Reserve website, or one of the 12 regional banks. Find an educational tool there (there are many, especially in the regional sites) that you think is interesting, and share the link to that page in your discussion post for others to view. What did you like about that page?

3. review the Bill of Rights and Bill of Responsibilities in Chapter 2. The Bill of Rights and Bill of Responsibilities focuses on creating a partnership between BA's/Developers and the customers.

  • add or change one right in the Bill of Rights and add or change one responsibility in the Bill of Responsibilities. Explain why you made the changes and how you think the changes might enhance a partnership.
  • Explain a time when you interacted with somebody else, and you didn't have the necessary level of participation from the other person that you needed. What happened? How could that situation have been prevented?

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