Monetary System
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Get it written →1) Is the US Dollar tied to a silver or gold reserve system? Look up some historical timeline related to this matter.
2) How does the Fed decide whether to use expansionary or contractionary monetary policy? Write up two reasons.
3) In your opinion, how does the Fed decide how much is enough in terms of money supply and interest rates? Write up two reasons.
Use as many economic principles (from the textbook and other sources) as you can in answering the questions.
As a guideline, each of the 10 points will be derived from the following:
- Post your answer (400-500 words) to the posted DQ responding to the matter asked, instead of repeating the question or not attending to the question. Substantive answers include making comments using concepts found in the assigned reading materials or offering examples from your experience. Hence merely providing a brief “yes, I agree” or “no, I do not agree” postings are not adequate posts
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