The Board of Governors of the U.S. Federal Reserve System places public domain data on the Internet
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Question:
The Board of Governors of the U.S. Federal Reserve System places public domain data on the Internet for analysis. Below is a link to a Federal Reserve Excel file of currency in circulation, by week, from January 1984 through November 2021.
- Federal Reserve Currency in Circulation (WCURCIR) Excel File
You will be preparing an executive briefing into which you have inserted a graph produced in Excel. The first part of the directions describes the graph; the second part describes the background of the overall project.
Directions
- Use the Federal Reserve data set provided in the link to prepare a professional graph (using Excel) of "U.S. Currency in Circulation." Landmarks (on the abscissa) should be in 5-year periods with currency expressed in billions of dollars (on the ordinate). Ensure that the graph (a) clearly articulates the data in a meaningful way, (b) is free of distortion, and (c) is sized and labeled to be inserted into your business report. Note: You may want to review the help resources available from Microsoft Office or Microsoft Word regarding the insertion of an Excel chart into a Word document. The file linked here is for your own reference in completing the assignment.
- Your manager must attend a meeting where she will be expected to discuss a new global venture. In preparation for the meeting, she asks you to provide a document explaining pertinent issues surrounding the state of U.S. dollars in circulation and the relationship of this information to doing business abroad. Prepare a executive briefing that discusses current perspectives about the amount of currency in circulation. Be concise and include only information that will assist management in their decision making relative to this new venture; for example, do not provide a history of the Federal Reserve or any information that goes beyond the scope of this project. Support your findings by analyzing your graph, making sure to weave quantitative information into the discourse. Use only credible resources to support your position and claims. Important point about inserting visuals: All visuals must be labeled
Related Book For
Managers and the Legal Environment Strategies for the 21st Century
ISBN: 978-0324582048
6th Edition
Authors: Constance E Bagley, Diane W Savage
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