PlayChair the Fed: A Monetary Policy Game. In the game, use thelearn button and review the tight (contractionary) and easy (expansionary) tools of the Fed as well as the use of each. Briefly examineYour Job and FAQs. Then, play the game! You are the Fed Chairperson! You begin with 16 quarters (4 years), and then your job is up for review. You begin with rates at 4.0 percent Fed Funds Rate, inflation at 2.11 percent, and unemployment at 4.68 percent.

• Introduce yourself to your peers by sharing something unique about your background.Explain how you expect this course will help you move forward in your current or future career.
• Make decisions on interest rates for the 16 quarters by adjusting the Fed Funds rate up or down. Summarize the changes you chose and explain your results. Do you still have a job? Why or why not?