Role of Federal Reserve and It's Impact on the Economy
Not what you're looking for?
Explained the role of the U.S. Federal Reserve, the Federal Reserve Chairman, and Board, indicating its effectiveness in today's economic environment.
Purchase this Solution
Solution Summary
This solutions provides an overview of the role of the Federal Reserve and how their monetary policies impact the economy.
Solution Preview
The role of the Federal Reserve is to guide the U.S. economy in the right direction through monetary policy that promotes maximum employment and price stability. In layman's terms, the reserve wants as many Americans as possible who want jobs to have jobs while keeping the rate of inflation restrained. The Board of Governors is the policy making body of the Federal Reserve Board that consists of seven members; among those members is the Chairman. This board sets the general framework for the regulation of the commercial banking system. These seven members also form the core of the Federal Open Market ...
Purchase this Solution
Free BrainMass Quizzes
Basics of corporate finance
These questions will test you on your knowledge of finance.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Introduction to Finance
This quiz test introductory finance topics.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.