# Federal open market committee use of monetary policy to influence the

Third Assignment

MPA Economic Analysis for Policy Makers

It is not unusual to hear that the “Fed” met and decided to either “raise

interest rates,” or “lower interest rates.” In this assignment you are looking at the

actions of the Federal Open Market Committee (FOMC) and how they try to use

what is called Monetary Policy to influence the American economy: Either to

stimulate the economy by lowering interest rates or putting the brakes on the

economy to control for inflation by raising interest rates. The FOMC meets eight

times a year. It is really more complicated than what I just wrote but you need to

start somewhere.

Basically when you look at the actions of the Federal government to address

problems in the economy we are dealing with either Fiscal Policy (government

taxing and spending—which was addressed in your first two assignments) or

Monetary Policy (the actions of the Federal Reserve Board, or more specifically the

FOMC). There is more to the Federal Reserve than that, but, again, you need to

start somewhere.

In this assignment I have you addressing how you see interest rates—

specifically the Federal Funds rate, which is the interest rate the FOMC is raising or

lowering, or holding the line on. You want to, in your essay address the following:

1) Show you understand the Federal Funds rate and its relationship (or

questionable relationship) to other interest rates that often matter to you (such as

mortgage interest rates).

2) I have you reading about housing and economic development so as you go

through these readings, you can see the importance of housing to the economy

(particularly job creation). As a result of looking at this issue, can you see it tied to

the actions of the FOMC on what they are doing or trying to do to, say, stimulate

the economy?

3) You need to use Excel to do Correlation (explained in the piece on using Excel to

get Correlation). One of your readings is really just data on the target Federal Funds

rate and home sales. Use that data to get your Correlation number in Excel.

GUIDELINES FOR THIS ASSIGNMENT

address the minutes of an FOMC meeting I included in the readings. After

every meeting, sometime later the minutes of those meetings are released.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
• 24/7 support
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
• Expert Proofreading
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

### Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

### Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Order your essay today and save 10% with the coupon code: best10