Economics 1 1/2 page paper APA format with reference page
Assignment 2: The Multiplier Effect
- Go to â€œFRB: Press Releaseâ€”FOMC statementâ€”December 16, 2009.â€
- You should now find a press release from the Board of Governors of the Federal Reserve System, dated December 16, 2009, which discusses the decisions of the Federal Open Market Committee (FOMC) for that date.
This release also states that the Federal Reserve is in the process of purchasing $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt. Additionally, the release states that the FOMC has decided to gradually reduce â€œthe paceâ€ of such Fed purchases. Discuss why you believe that the FOMC has made such a decision, and explain the consequences of such a decision on the economy.
In your answer, discuss the Federal Reserveâ€™s use of open-market operations to influence the money supply and the respective consequences of such actions. Include a discussion of the money multiplier effect in your response. Justify your conclusions and provide appropriate examples.
Using Microsoft Word, submit your responses in the form of a short paper (1 Â½ – 2 pages).
By Wednesday, July 17, 2013, submit your responses to the M4: Assignment 2 Dropbox.
|Assignment 2 Grading Criteria||
|Discussed in detail reasons for the FOMC decision to reduce the number of purchases of government securities.||
|Discussed the consequences of the FOMCâ€™s decision on the economy.||
|Discussed the Federal Reserveâ€™s use of open-market operations to influence the money supply.||
|Justified ideas and responses by using appropriate examples and references from texts, Web sites, and other references.||
|Wrote in a clear, concise, and organized manner; demonstrated ethical scholarship in accurate representation and attribution of sources; displayed accurate spelling, grammar, and punctuation.||
Study Acers provides students with tutoring and help them save time, and excel in their courses. Students LOVE us!No matter what kind of essay paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcers. Save more time for yourself. Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more