Do you think the members of the ECB’s Governing Council should take formal votes? Why or why not? If they do vote, how do you think the votes should be allocated?
Answer to relevant QuestionsDo you think, in the interest of transparency, the Chair of the Federal Reserve Board should explain in detail the subtleties surrounding policy decisions? Why or why not? Why did the “no-bailout” clause of the Maastricht Treaty come under stress during the financial crisis of 2007-2009? In August 2007 and in March 2008, the Federal Reserve Board reduced the discount rate to ease liquidity conditions for banks. Plot discount window borrowing (FRED code: DISCBORR) between January 2007 and December 2008. As a ...Based on Figure explain why the multipliers fell sharply with the onset of the financial crisis of 2007-2009. Why did they remain at this lower level after the crisis ended? Do you think the central bank was aiming to increase, decrease, or maintain the size of the money supply by carrying out the changes described to its balance sheet in Problem14? Explain your answer.
Post your question