Macroeconomics: Private and Public Choice.

 

What helps economists forecast the economy? Imagine you are presenting the index of the leading indicators concept to a small group of newly hired analysts. In a minimum of 200 words,

Discuss the index of the leading indicators.
Is the Phillips curve a helpful predictor? Why or why not?
As a business person, how could you use this predictive macroeconomic information to help make business decisions? (Give specific examples.)
Again, your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least two scholarly and/or credible resources in addition to the text.

 

Macroeconomics: Private and Public Choice.

Monetary policy is largely determined by the Federal Reserve Bank (Fed) in the United States. For this discussion, let’s cordially debate the necessity of the Fed.

For your initial post address the following:

How does the Fed control the money supply? Be sure to explain how they can expand or restrict the money supply.
How does the banking system create money?
List two to three pros and cons of the Federal Reserve Bank.
What is your conclusion: is the Fed necessary? Support your opinion.
Your initial response should be a minimum of 200 words. Graduate school students learn to assess the perspectives of several scholars. Support your response with at least one scholarly and/or credible resource in addition to the text.