Question
The purpose of this assignment is to describe the Federal Reserve System and describe the tools it has to implement monetary policy. You will create
The purpose of this assignment is to describe the Federal Reserve System and describe the tools it has to implement monetary policy. You will create a brochure or pamphlet that outlines these. Use your textbook and at least one other reliable source to find information. The online library and Google Scholar are both good options. NOTE: There are a number of brochure templates available in Microsoft Word. six-panel brochure/pamphlet that includes the following: 1. Cover image 2. History panel a. Provide a brief history of the Federal Reserve, including an explanation of why it was created. b. Explain what the dual mandate is and how it guides the actions of the Federal Reserve 3. Money supply a. Describe the goals of the Federal Reserve's monetary policy b. Explain the tools used to regulate the money supply 4. Relationship with Congress a. Explain who controls fiscal policy and how it attempts to close a recessionary gap. b. Describe why it is important for the Federal Reserve to maintain its independence from Congress. Why might Congress attempt to influence the Fed's actions? 5. References - List any references used somewhere in your brochure.
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