Worksheet 31.1: Issues Facing Fed Chairman Yellen After reading Bloomberg Businessweek's January 2014 "The Big Issues Facing Fed Chair Janet Yellen" at http://www.bloomberg.com/bw/articles/2014-01-09/janet-yellen-at-federal-reserve- interest-rates-bubbles-transparency, answer the following questions. 1. What is optimal control theory? How does Yellen propose using the theory of optimal control to manage the economy? Soham nogo 2. What is one advantage of optimally controlling the economy? What is one disadvantage of optimally controlling the economy? lo tosan Moreloans bas juguo borosami nologo Jo ism- 3. How are low interest rates and "bubbles" related? How does Yellen propose to the avoid problems with "bubbles"? munidillaps work ,quig butadal yojoguess onup silt woda down BANCA baledol vibertoo seal Smolding off soondo offelshoba bot bill blues toothcontor ginonom sentwy 4. What is Yellen's view of transparency?longmi sift wore ( rog mott agong loyal