1. You have just been elected president of the United States, and the present Chair of...

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Economics

1. You have just been elected president of the United States,and the present Chair of the Federal Reserve Board has resigned.You need to appoint a new person to this position, as well as aperson to chair your Council of Economic Advisers. Using yourknowledge of macroeconomics, identify the personal characteristicsand the views on macro theory and policy you would want yourappointees to have and implement.Â Â Remember, theeconomic health of the entire nation and solution to keeping theeconomy growing will be impacted by this decision.
2. As you know, during the Great Recession, the Fed proposed anumber of \"bail out\" measures to address the â€œgreat recessionâ€.Indicate why or why not you would recommend that your new appointeeuse similar measures if this situation arises again. Should the Fedhave a bond-buying program? Identify any new policies that youwould like your candidate to follow.

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4.3 Ratings (939 Votes)

So as to pick a right executive for the Federal Reserve Board it is expected to discover somebody who knows how to economy functions or somebody who comprehends the results of organizations exploiting underdeveloped nations for work or maybe of organizations who consume the market Somebody who comprehends the present deficiency and is happy to take care of business is the ideal individual for director for the Federal Reserve Board They would should be devoted to their obligations and exceptionally experienced on the subject of macroeconomics Any other See Answer

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