Chair The Fed Game Answers

This article is about the role of the federal reserve the fed in controlling unemployment and inflation the economy of any country revolves around the interaction of certain key economic forces or pillars which trade off to give a variety of.

Chair the fed game answers.

Chair the fed game play the chair the fed game. Top tips for the fed chairman game. Get re appointed take a screen shot and post it in this assignment submission. When you win i e.

I have been trying for over an hour and i can t. The game puts the player in the role of setting monetary policy as chair of the fed. In these videos dr. Glenn rudebusch executive vice president director of economic research at the federal reserve bank of san francisco explains the economic model behind chair the fed.

If anyone is familiar with the chair the fed game i need to get the reappointed as fed chair results for my class homework. Click on the learn more button before playing. The fed chairman game. After the first three month period has passed pause the game.

Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate. The goals are as follows. A monetary policy game. Think you have what it takes to run our country s central bank.

How did the economy react to your monetary policy changes. Chair the fed game chair the fed game videos. Econ 205 simulation chair the fed monetary policy game as the chair of the board of governors of the federal reserve it was my concern to maintain the rate of inflation at around 2 and unemployment rate below 5 in the economy. Inflation 2 and unemployment 5.

Get re appointed take a screen shot and post it in this assignment submission. It deals with exactly what we are studying right now monetary policy. Were you reappointed at the end of the game. The game puts you in the position of the fed chairman and you must manipulate interest rates in order to balance unemployment and inflation.

For achieving the goal of decreasing the unemployment rate fed rate was to be cut. When you win i e. Further to maintain the inflation rate fed rate was to be increased. Check out this game created by the federal reserve.

Inflation can be lowered when the federal funds are set higher but this will also temporarily increase unemployment. See if you can achieve full employment and low inflation as chair of the fed.