How can unforeseen circumstances effect the economy? Give examples. How does the Fed react to these circumstances? Did you get re-appointed? Why or why not?

The link above will take you to the “Fed Chairman Game.” In this game, you are appointed as the Chair of the Board of Governors of the Federal Reserve by the President in order to implement monetary policy. The game will take you through a simulated economy and allow you to control the federal funds …

How can unforeseen circumstances effect the economy? Give examples. How does the Fed react to these circumstances? Did you get re-appointed? Why or why not? Read More »

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