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Hoochie [10]
3 years ago
14

After reading it write about whether or not you agree with the academic economic consensus that independent officials running th

e Federal Reserve are able to properly balance their dual mandate in a fair and balanced fashion with the needs of workers in one hand and the financial industry on the other. If you agree with the consensus view explain your reasons; or if you disagree and think that the officials are biased in favor of the financial industry explain your reasoning with some possible solutions to the problem. Write at least two paragraphs articulating your views.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
3 0

Answer:

The Federal Reserve has been at times biased in favor of the financial industry, because they have often put inflation targeting above the need to reduce unemployment when executing monetary policy. Besides, the financial industry has often been rescued by massive loans from the Fed.

However, the Federal Reserve has also acted in favor of reducing unemployment, specially during recessions, by expanding the money supply through a policy known as quantitative easing.

In conclusion, we can say that the Fed tends to be biased in favor of the financial industry, but not at all times.

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<h3>Is a buying situation in which the customer purchases a product or service for the first time?</h3>

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3 0
1 year ago
Which one of the following statements best defines the efficient market hypothesis? A. Efficient markets limit competition. B. S
lubasha [3.4K]

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The correct answer is letter "D": All securities in an efficient market are zero net present value investments.

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________ means the supply curve has shifted to the right, while ________ refers to a movement along a given supply curve in resp
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<u>An increase in supply</u><u> means the supply curve has shifted to the right, while </u><u>an increase in quantity supplied </u><u>refers to a movement along a given supply curve in response to an increase in price.</u>

What would shift a supply curve down and to the right?

  • In contrast, a drop in input costs will cause the supply curve to move to the right. Technology.
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What does it mean when the supply curve shifts to the right?

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