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MatroZZZ [7]
3 years ago
5

janet yellen the chairperson of the federal reserve, has received a report that the unemployment rate has gone very high and gdp

has gone very low. what steps should she take to alleviate this problem?
Social Studies
1 answer:
Maslowich3 years ago
3 0

<u>Clarification: Federal Reserve's ability to positively impact unemployment rate or GDP growth is limited and mostly, indirect. Policies, incentives, subsidies, regulations, and internal and external agreements can't be changed, approved or negotiated by Federal Reserve. Those decisions are Government and Congress responsibility.</u>

Having said this, Federal Reserve can:

1. <u>Reduce interest rate</u> to make credit less expensive for businesses and households, and as a consequence businesses can hire more employees and households can purchase more goods and services.

2. <u>Buy government debt or Treasury bonds</u> for funding government and it increases the money supply in the economy by trading bonds in exchange for cash to the general public.

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Bumek [7]

Answer:

The correct answer is letter "A": With the longer duration of unemployment benefits, firms needed to keep wages high to attract people to work. This caused downward wage rigidity, leading to persistent higher unemployment.

Explanation:

The Great Recession (2007-2009) is the period in U.S. economics when it suffered a high-scale dwindle as a result of the collapse in the real estate market and the subprime mortgage crisis. The financial sector collapsed as well forcing some banks to declare bankruptcy.

In this context, long-lasting unemployment benefits were provided such us <em>downward wage rigidity</em>, which implied employers were unable to reduce the salaries in dollar terms. By doing that, having low to none income, in order to meet their income objectives, major organizations had to lay off employees directly causing the rate of unemployment increase.

6 0
4 years ago
What precautions are necessary when placing a ladder against a building on a sidewalk? Select one: a. Barricade the area or posi
Tpy6a [65]

Answer:

a. Barricade the area or position a worker in front of the ladder.

Explanation:

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This is because the area in which the worker is putting the latter is the prone are where the worker or the ladder might hit the pedestrian or any thing which can cause harm to the nature and mankind and that's why, the area must be blocked or defended with an improvised barrier.

6 0
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What do the words dissent, persecute, and tolerance have in common
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The words all are what Christ wants and tolerance you tolerate ppl put up with them
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Answer:

the answer it will be D

Explanation:

but I'm not sure

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