Posted: November 10th, 2015


Discussion POST 1


Read the Explore and Apply 14.6 “How Independent Should a Central Bank Be?”, pp. 338-339. Then answer the following question: Since members of the Federal Reserve Board have so much power, should they be elected directly by the public? Explain. How could the Federal Reserve hurt the economy? Provide some examples of Fed actions that could be harmful and of the damage that could be done. How can the Fed help the economy? Provide examples.

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