Q The COVID-19 pandemic has presented new challenges to the Federal Reserve with respect to dual mandate of price stability and full employment. Read the publication COVID-19's Effects on the Economy and the Fed's Response (Ihrig, J. et. al. 2020) and then watch the video of the remarks by the Chairman of the Federal Reserve, Jerome Powell. While watching the video, listen for terms that you should remember from the previous module and this module, including inflation, unemployment, aggregate demand, and aggregate supply. LIVE: Fed Chair Powell speaks on economy at the annual Jackson Hole Symposium — 8/27/21. (2021). CNBC Television [Video File]. YouTube. Did the reading and video give you an appreciation for the complexities involved in ensuring that the economy is stable? Describe something that you learned from the reading and interview that you hadn't previously given much thought to. Discussion Expectations Your discussion post should fully answer the prompt above (due 11:59 p.m. CST Wednesday). Then respond to at least two of your classmates' posts by 11:59 p.m. CST Sunday. Visit the Start Here module page Discussion Criteria to view specific discussion requirements, examples, and the discussion rubric.
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