Reference no: EM131056102
Course: Financial Institutions, Markets & Money
You are the President of the Federal Reserve Bank of New York. You have been asked by Chairwoman Yellin for your opinion on monetary policy and what steps you feel the Fed needs to take, if any, to encourage economic expansion (GDP growth). Under the current economic conditions, what would your recommendation(s) to the Chairman be? This should be in memo form and have three sections detailed below:
Introduction - Summarize current economic conditions - GDP, exchange rates, interest rates, money supply, stock market and the bond market. Discuss Fed actions taken thus far and what that impact is (Fed Funds, QE 3, Operation Twist, etc.). State, in terms of monetary policy objectives, why it is the responsibility of the Fed to take action and what you think the primary Fed objective should be in terms of its six monetary policy goals and why.
Analysis - Discuss at least two monetary policy tools that you COULD use, the advantages and disadvantages of each, and the effects each has on GDP, exchange rates, interest rates, money supply, stock market and the bond market. Also discuss actions outside the purview of the Fed, such as the regulatory climate.
Recommendation(s) - A coherent summary of the monetary policy steps you feel need to be taken, if any, and how they will achieve your stated objectives. If you feel no action needs to be taken, explain why. Your recommendation should be supported in terms of the above stated economic conditions, i.e. GDP, exchange rates, interest rates, money supply, etc. and how your recommended actions (or non-action) would effect these conditions. You may also include recommendations outside of monetary policy, such as regulatory solutions.
Write this in the memo format on the next page and submit as a Word document. Limit this to no more than five pages, double spaced and Arial 12 font.
|
Biggest challenges facing organizations
: In this assignment, you will create a PowerPoint presentation that outlines what you believe will be the biggest challenges facing organizations in the next twenty (20) years.
|
|
Question regarding the transitions between terms
: Using the selection rules deltaS=0, deltaL=+-1 and deltaJ=0,+-1, predict which transitions are allowed from the ground level in A). Consider only transitions between terms within each configuration given.
|
|
What is relationship between a logical and a physical model
: Explain the use of a logical model. Provide a definition of a physical model. Explain the use of a physical model. List and discuss two approaches used for the development of logical and physical models.
|
|
How the computer can work with large amounts of data
: Arrays are key to understanding how the computer can work with large amounts of data. When you understand how arrays work you will be ready to start making more complex programs.
|
|
Discuss at least two monetary policy tool that you could use
: Discuss at least two monetary policy tools that you COULD use, the advantages and disadvantages of each, and the effects each has on GDP, exchange rates, interest rates, money supply, stock market and the bond market.
|
|
Internet to research the code of ethical conduct
: According to the textbook, ongoing challenges in the global business environment are mostly attributed to unethical business practices, failure to embrace technology advancements, and stiff competition among businesses. Use the Internet to researc..
|
|
How the evolutions of healthcare delivery in us positively
: Describe how the evolutions of healthcare delivery in the United States positively or negatively affect the current health care system. Provide examples with your response.
|
|
Temperature of the water inside the calorimeter
: A 12.0 g ice cube, at 0.00°C is placed inside a calorimeter (the heat capacity of which is negligible) containing 145 g of water at 20.8°C. Once the ice cube has melted what is the temperature of the water inside the calorimeter?
|
|
Argon gas at a standard pressure
: A sample of argon gas at a standard pressure occupies 1000. mL. At constant temperature, what volume does the gas occupy if the pressure increases to 800. mmHg?
|