Question
I really need help with these questions, please. I don't understand them. Please and thank you. All the information is here. Micro and Macro Econ
I really need help with these questions, please. I don't understand them. Please and thank you. All the information is here. Micro and Macro Econ
(Monetary Policy)
1.Discuss the reserve requirements method of conducting monetary policy, including a description of this method, the types of adjustments banks are likely to be required to make, and the effects on the economy that are likely to result.
2.Discuss the method of quantitative easing used by the Federal Reserve during the most recent U.S. recession, including any criticisms of this action.
3.Briefly explain what a central bank is and what its most important task is. Discuss the U.S. central bank, including a brief explanation of what is involved in its decision-making about the money supply and its ability to affect some goals of macroeconomic policy; including examples of some macroeconomic policy goals that would be affected. Conclude by explaining what is involved in its policies relating to the money and banking system.
4.Briefly describe the tools used by a central bank to affect the money supply and identify which is the most powerful and commonly used method and which is the weakest method.
(Aggregate Demand and Supply Model)
1.Briefly describe the two conclusions that can be drawn from an overview of Say's Law with its emphasis on macroeconomic supply and Keynes' Law with its emphasis on macroeconomic demand.
2.Briefly explain the purpose of an AS curve and describe the characteristics of a typical AS curve.
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