Question
https://www.youtube.com/watch?v=iPkJH6BT7dM The Federal Reserve and the Economy https://www.marketplace.org/2020/05/20/what-can-federal-reserve-do-to-help-economy/ FOMC Press Conference November 5, 2020 https://www.federalreserve.gov/videos.htm The Federal Reserve Bank of New York https://www.marketplace.org/2020/11/19/ny-feds-john-williams-on-the-state-of-the-recovery/ As amacroeconomistwith
https://www.youtube.com/watch?v=iPkJH6BT7dM
The Federal Reserve and the Economy
https://www.marketplace.org/2020/05/20/what-can-federal-reserve-do-to-help-economy/
FOMC Press Conference November 5, 2020
https://www.federalreserve.gov/videos.htm
The Federal Reserve Bank of New York
https://www.marketplace.org/2020/11/19/ny-feds-john-williams-on-the-state-of-the-recovery/
As amacroeconomistwith an understanding of the role of the Federal Reserve Banking System and its monetary policy tools, what advice would you give to the Federal Open Market Committee (FOMC) in terms of appropriate monetary policy to pursue that will reduce unemployment, prevent inflation and stimulate "healthy" economic growth for all in this COVID-19 economy?Support your arguments about money, banking, the federal reserve system and monetary policy with the macroeconomic theory that you have learned so far.Also consider the impact your advice could have on aggregate demand, aggregate supply and the overall price level and output.
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