The nation has fallen into a deep recession. Unemployment is creeping above 6%. The CPI has shown a 4% rise in prices over the past year.

Describe at least two measures the Federal Reserve could take to address the problem.

Explain the impact each measure would have on the economy.

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Shiloh Joseph

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7 July, 13:44

The nation has fallen into a deep recession. Unemployment is creeping above 6%. The CPI has shown a 4% rise in prices over the past year.

Describe at least two measures the Federal Reserve could take to address the problem.

Explain the impact each measure would have on the economy.

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Answers (1)

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Cadence Horton · Answer 1

Decentralizing the Federal Reserve

Explanation:

At the moment, the country owes many millions and billions if not trillions in national debt. People may wonder how the US which has all the prices of basic commodities like oil trading in the US dollar, then fall into debt. The reason is that the money does not really belong to the state but to an entity, the reserve. As such, the moneys is difficult to account for. In-fact, the money is in the few hands of the rich. A decentralization system will work. The consequence would be harsh but the economy will be revived.

The nation has fallen into a deep recession. Unemployment is creeping above 6%. The CPI has shown a 4% rise in prices over the past year.Describe at least two measures the Federal Reserve could take to address the problem.Explain the impact each measure would have on the economy.

The nation has fallen into a deep recession. Unemployment is creeping above 6%. The CPI has shown a 4% rise in prices over the past year.

Describe at least two measures the Federal Reserve could take to address the problem.

Explain the impact each measure would have on the economy.