Question

Using outside sources, find evidence of the Federal Reserve’s effect on the economy. In a short paragraph, describe when and how the Federal Reserve has affected the economy, citing specific textual examples to support your ideas. To ensure your sources are reputable, follow these guidelines when searching: The author of the source should be clear. The author should have expertise in the field the person is writing on. For instance, if you are reading a source on an environmental issue, the author should have research experience with the topic. The source should be academic, meaning it is published by a respected site or source in the field of study (e.g. official government or university Web sites, academic journals, or reputable news sources). The source should not state opinions as facts. The source should clearly cite its sources and should not include dated information. In a second short paragraph, explain why your source is reputable. Explain how it fits into the guidelines above. Don’t forget to cite the source you have used. please use your own words and dont look it up

Answer 1

You Answer:

As inflation increases, the value of money decreases and the Federal Reserve counters by increasing the interest rates. During times when job growth is low and the economy is stagnant, the Federal Reserve lowers the interest rates to spur economic growth.

Explanation: