Chair The Fed Game Answers

Think you have what it takes to run our country s central bank.

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. The fed chairman game. In these videos dr. It deals with exactly what we are studying right now monetary policy.

I have been trying for over an hour and i can t. Top tips for the fed chairman game. Inflation 2 and unemployment 5. 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.

Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate. After the first three month period has passed pause the game. 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. As the chair of the board of governors of the federal reserve how did you respond to these changes in terms of changing monetary policy.

The goals are as follows. Get re appointed take a screen shot and post it in this assignment submission. Further to maintain the inflation rate fed rate was to be increased. 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.

The game puts the player in the role of setting monetary policy as chair of the fed. Were you reappointed at the end of the game. Click on the learn more button before playing. Get re appointed take a screen shot and post it in this assignment submission.

Chair the fed game chair the fed game videos. For achieving the goal of decreasing the unemployment rate fed rate was to be cut. How did the economy react to your monetary policy changes. If anyone is familiar with the chair the fed game i need to get the reappointed as fed chair results for my class homework.

A monetary policy game. 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. When you win i e.

Help with chair the fed game. See if you can achieve full employment and low inflation as chair of the fed.