Chair The Fed Game Answers

In these videos dr.

Chair the fed game answers.

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. How did the economy react to your monetary policy changes. For achieving the goal of decreasing the unemployment rate fed rate was to be cut. When you win i e.

Inflation 2 and unemployment 5. Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate. Check out this game created by the federal reserve. Were you reappointed at the end of the game.

A monetary policy 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. 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. I have been trying for over an hour and i can t.

When you win i e. Top tips for the fed chairman game. Chair the fed game chair the fed game videos. See if you can achieve full employment and low inflation as chair of the fed.

It deals with exactly what we are studying right now monetary policy. Get re appointed take a screen shot and post it in this assignment submission. 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. After the first three month period has passed pause the game.

Chair the fed game play the chair the fed game. The fed chairman game. Get re appointed take a screen shot and post it in this assignment submission. The goals are as follows.

Think you have what it takes to run our country s central bank. The game puts the player in the role of setting monetary policy as chair of 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. Further to maintain the inflation rate fed rate was to be increased.

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. Help with chair the fed game.