Federal Reserve and Monetary

 

 

1. Explain in your own words how your textbook describes the U.S. the Federal Reserve (Fed) uses monetary policy to manage aggregate demand (AD) in the economy. In your response you must discuss (name and describe) at least three tools the Fed uses, how each of those tools affect the money supply, interest rates, and AD.

 

Sample Solution

Federal Reserve and Monetary

Aggregate demand is a measure of the total consumption of goods and services over any time period and is the most important ingredient that can be targeted by the government through fiscal or monetary policy. The Federal Reserve’s direct effect on aggregate demand is mild, although the Fed can increase aggregate demand in indirect ways by lowering interest rates. The mandate of the Fed is to balance the competing goals of employment and price levels. However, aggregate demand is an important component in both of these measures, therefore, the Federal Reserve is deeply concerned with it. The Fed uses tools to achieve its monetary policy goals. These tools include: the discount rate, reserve requirements, and open market operations. Federal Reserve lending at the discount rate complements open market operations in achieving the target federal funds rate and serves as a backup source of liquidity for commercial banks.

group of individuals come together and work as a team to achieve their organizational goals and it’s important to have an understanding in between them. However, to successfully bring that we may need some team bonding activities which helps employees to better understand each other strengths and weaknesses. This understanding will help them work even better together.
When a project involves teams in different countries, it is important for every team member to be aware of cultural differences among themselves to enable successful project execution. Team building should be one of the main focus during the process of the Project planning so that it can also help having team members get to know each other at a personal level which is helpful for project success. Having a good knowledge of the cultural differences of the team members also helps to level set the expectations from different teams in the global environment. Building diverse teams helps the organization to go succeed its goals even effectively.
The extreme changes that took place at the organizational business models have placed team spirit as the top priority for them. Nowadays most of the top business hierarchies are replacing themselves with the more agile and flexible team-centric systems. Since multiple teams involved in a project each team acts as a building block of it, as Alison Bloom-Feshbach and Marie Poyet (2018) has mentioned in their journals : “ Studies demonstrate the rising importance of collaboration; a 2015 survey of knowledge workers reveals that over 90 percent collaborate on a weekly basis, with 65 percent collaborating multiple times each day.2 Organizations are taking notice, with “agility and collaboration” cited as critical to success by 94 percent of companies surveyed in Deloitte’s Human Capital Trends Report”.

To meet your day to day challenges or the overall end goals we should build a team capable of overcoming all the challenges. Two most important reasons that might lead a project to its failure is lack of team building activities and the language barriers. The reason for considering language barriers will play importa

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