Federal Reserve – Money Supply Curve – Real Gross Domestic Product (GDP).

at
Categories
Tags

 

Question 1 – Respond to the following in a minimum of 175 words:

Explain the major functions of the Federal Reserve.

Discuss why the money supply curve is vertical.

 

Question 2 – Respond to the following in a minimum of 175 words:

Explain the chain of events that occurs for expansionary and contractionary monetary policy to affect the long-run equilibrium level of real gross domestic product (GDP).

 

Sample Solution

Federal Reserve – Money Supply Curve – Real Gross Domestic Product (GDP)

In 1913, Congress established the Federal Reserve Bank, or Fed, in response to bank failures that resulted in sharp decreases in credit availability. And during the Great Depression, the Banking Act of 1935 enabled the Fed to initiate policies designed to stabilize the availability of money and credit. This work continues today. The Federal Reserve acts as the U.S. central bank, and in that role performs three primary functions: maintaining an effective, reliable payment system; supervising and regulating bank operations; and establishing monetary policies. The most important tool the Fed has to conduct monetary policy is the buying and selling of U.S. government securities, which is often referred to as open market operations.

or all the loses and profits associated with the organization. Mr Patrick looks after the sales, marketing and manages the employees and the customers of the company. Miss Scarlett supervises all the financial issues of the organization. She looks after the area of finance and administration and she takes care of the operations and production sector of the organization.

The company is planning to hire four full-time waffle makers and eight employees in the post of waiters and order receivers to handle the daily customer requirements and to serve the customers.

Value proposition

Wonder Waffle Co. – Grab a bite and forget all the bitterness and tension of the day.

The company aspires to become one of the largest waffles companies of the country. The company thinks that every people prefers to have something sweet at any time of the day and having something sweet can also help to reduce their stress level. A piece of sweet waffle can reduce the bitterness and tension of the day.

Business offer

Wonder Waffle Co. aims to offer an outstanding and an entirely exclusive experience for the regular consumers of London and also it aspires to give an exceptional experience to the tourists. As they are ready to offer their products at a competitive price, it can be guessed that the consumers will prefer a good quality product at a cheaper rate, which will also enhance their experience at the café or the restaurant.

Mission

Wonder Waffle Co. aims to offer high quality waffles like parfait waffles, hot dog waffles and the Brussels waffles at a low cost so that the lower price can meet up the need of the middle class people to higher class people. Its aim is not only to attract the local residents but also to attract tourists. It aspires that by using many advanced technologies, it can become the specialty restaurant destination of the area and also aspire to create a successful and positive relationship with the customers, employees and their suppliers, who are interested in the goals of the organization.

Vision

The vision of the Wonder Waffle Co. is to serve the consumers with the best quality and tasty waffles with high-end preparation facilities and a great distribution network across the nation and as

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.
Hi, how can I help?