Question

The Federal Reserve is for all intents and purposes independent of the Federal Government. Is this...

The Federal Reserve is for all intents and purposes independent of the Federal Government. Is this a good or a bad thing?

How have you or your family been impacted by inflation (good or bad)? If people switched more to crypto currencies do you think the impact be the same?

Should the U.S. prioritize lowering the trade deficit? Why or why not?

How could a country purposefully appreciate its currency? Why might it choose to do this?

If a country's economy experiences a shift causing the AD curve to move to the right, what will the short run impact be to real GDP and the price level? What will be the impact in the long run to real GDP and the price level?

Why may the actual multiplier experienced by changes in fiscal policy differ from the expected multiplier?

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Answer #1

These 6 questions are totally different. they are not the sub part of each other. So, i can solve one of them. Here, the answer of first question.

(1.)

The Federal Reserve is for all intents and purposes independent of the Federal Government, Is this a good thing.

Explanation

When Federal Reserve adopt policies autonomously, without any political pressure, it come out to be more beneficial to the economy as a whole. When monetary policies of Federal Reserve is influenced by the government in order to gain political advantage, it has adverse or negative long run impact on economy. Which means gaining short-run gain at the cost of adverse impact on economy in the future. In such situation, it become more essential that, the Federal Reserve is for all intents and purposes independent of the Federal Government.

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