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Due Date: Day 7 (Individual forum)
·
Resources: Ch.
29 & 30 of Principles of Economics,
“Fed Official Expects Growth,” and “Are Inflation Expectations Rising from the
Ashes?”
·
Read
the
articles “Fed Official Expects Growth” at http://pittsburghlive.com/x/tribune-review/business/s_385893.html,and
“Are Inflation Expectations Rising from the Ashes?” at http://research.stlouisfed.org/publications/mt/20051101/cover.pdf.
·
Create
a Microsoft© PowerPoint® presentation with 10 to 12
slides addressing the following questions:
o
Why was the Federal Reserve created?
What are its essential functions?
o
Who are the decision makers of the
Federal Reserve? How do these people obtain these positions?
o
How does the Federal Reserve control the
monetary system? Specifically, what tools does the Fed have to use?
o
How do banks increase the money supply?
o
How is inflation measured?
o
What are the causes of inflation?
o
Are natural disasters causes of
inflation or deflation? Where might the public see the evidence?
o
What are the costs of inflation?
o
Why is inflation so widely feared?
·
Include
detailed speaker’s notes.
·
Format your
Presentation using APA guidelines.
Post
your presentation as a Microsoft® PowerPoint® attachment.
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