An opinion column in the Wall Street Journal notes, In a democracy, the tradeoff for a central
Question:
a. Why would a country want to grant its central bank more independence than it grants, say, its department of agriculture or department of education?
b. In the United States, how is the Fed held accountable to the nation's elected leadership?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 37% (8 reviews)
a History has shown that in order for monetary policy to be effective workers firms and investors mu...View the full answer
Answered By
Anurag Agrawal
I am a highly enthusiastic person who likes to explain concepts in simplified language. Be it in my job role as a manager of 4 people or when I used to take classes for specially able kids at our university. I did this continuously for 3 years and my god, that was so fulfilling. Sometimes I've skipped my own classes just to teach these kids and help them get their fair share of opportunities, which they would have missed out on. This was the key driver for me during that time. But since I've joined my job I wasn't able to make time for my passion of teaching due to hectic schedules. But now I've made a commitment to teach for at least an hour a day.
I am highly proficient in school level math and science and reasonably good for college level. In addition to this I am especially interested in courses related to finance and economics. In quest to learn I recently gave the CFA level 1 in Dec 19, hopefully I'll clear it. Finger's crossed :)
4.80+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Micro Economics questions
-
An article in the Wall Street Journal explained that the 10 wealthiest four-year colleges in the United States accounted for one-third of the total cash and investments held by all four-year...
-
In an opinion column in the Wall Street Journal, Stanford University economist John Taylor, originator of the Taylor rule, argued, "As I see it, the broader evidence in the United States and in many...
-
MiniScribe Case (based on "Cooking the Books," The Wall Street Journal, September 11, 1989; and "MiniScribe's Investigators Determine That 'Massive Fraud Was Perpetrated," The Wall Street Journal,...
-
X-rays of wavelength 0.0973 nm are directed at an unknown crystal. The second diffraction maximum is recorded when the X-rays are directed at an angle of 23.4 relative to the crystal surface. What is...
-
For the nozzle flow given in Prob. 10.1, the throat area is 4 in2. Calculate the mass flow through the nozzle.
-
Dean is preparing his individual tax return and needs guidance on what is deductible. He works for a grocery store and dabbles in trading stock in his free time. Dean provides the following expenses:...
-
Magic Aqua Ltd, which runs competitive swimming schools for children aged 816, has budgeted revenue for the first 6 months of 2025 as follows. All revenue is provided on account and Magic Aqua Ltd...
-
The following information concerns production in the Forging Department for November. All direct materials are placed into the process at the beginning of production, and conversion costs are...
-
Sunspot Beverages, Limited, of Fiji uses the weighted-average method of process costing. It makes blended tropical fruit drinks in two stages. Fruit juices are extracted from fresh fruits and then...
-
Danish company Bang & Olufsen (B&O) is known globally for its high-end audio and video. CEO Kalle Hvidt Nielsen says, Our mission is to make complex technology very simple to use. B&O uses contract...
-
Robert Lucas said, "In practice, it is much more painful to put a modern economy through a deflation than the monetary theory we have would lead us to expect. I take this to mean that we have 'price...
-
What changes did the Dodd-Frank Act make in the Fed's operations? List three key proposals for changes in the Fed's operations or structure.
-
Each memory location listed in the parameterList in the procedure header is referred to as _____________________. a. An address b. A constraint c. A parameter d. A value
-
Say whether each of the following is a polynomial or not. If the function is a polynomial, rewrite it in standard form (in order from greatest exponent to smallest.). Then name your polynomial by...
-
Determining amounts for items omitted from income statement One item is omitted in each of the following four lists of income statement data. Determine the amounts of the missing items. Chase Company...
-
Identify existing organizational practices to facilitate development of individuals, enhancing their performance and role at the workplace, and supporting them to build a successful professional...
-
A polynomial f(x) with real coefficients and leading coefficient 1 has the given zero(s) and degree. Express f(x) as a product of linear and quadratic polynomi- als with real coefficients that are...
-
How your knowledge of linear programming could help you set up a model to prove which style of quarterbacking making the game more exciting and even reducing quarterback injuries, might be better?
-
Suppose Johnson & Johnson is considering a new investment in tractor production. What is the required rate of return for this venture? Explain why the expected return on Johnson & Johnson stock is...
-
An educational researcher devised a wooden toy assembly project to test learning in 6-year-olds. The time in seconds to assemble the project was noted, and the toy was disassembled out of the childs...
-
Youve completed your vacation in a foreign country. At the airport, you discover you have the equivalent of $20 local currency left over. The exchange control officer tells you that you cant convert...
-
A few years ago, a construction manager earning $70,000 per year working for a regional home builder decided to open his own home building company. He took $100,000 out of one of his investment...
-
Multiple-Choice Questions 1. A company is producing 1,000 units. At this output level, price is $1.50, and marginal revenue is $1.25. Average total cost is $1.10, and marginal cost is $1.40. What can...
-
Characterize the nature of motivation, including its importance and focus Identify and describe the need theories on motivation. Identify and describe the behavior theories on motivation. Identify...
-
Calculate the amount that Astrid should withdraw from her college savings fund of $21000 if she wishes to withdraw equal amounts at the end of each month for four years. The annual nominal interest...
-
Jason borrows $ 10300 for the next 4 years at a variable interest rate. Assume that the interest accumulates for 4 years at an annual nominal rate of 11% compounded quarterly. Calculate the...
Study smarter with the SolutionInn App