Chair The Fed Game Guide

Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate.

Chair the fed game guide.

Senate has confirmed you to serve as the chair of the federal reserve. Inflation 2 and unemployment 5. Chair the fed game videos in these videos dr. A monetary policy game.

Think you have what it takes to run our country s central bank. A monetary policy game. Inflation can be lowered when the federal funds are set higher but this will also temporarily increase unemployment. Remember that the fed funds rate is the primary tool for monetary policy and is shown on the game screen green line in the chart area is initially set at 4 rate.

A monetary policy game. The president of the united states has nominated you and the u s. 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. Zoom 5y 10y 15y all.

Instructions for playing the game. See if you can achieve full employment and low inflation as chair of the fed. Top tips for the fed chairman game. The game puts the player in the role of setting monetary policy as chair of the fed.

The goals are as follows. Your job is to set monetary policy to achieve full.