Federal Reserve Chairman Game and Reflection Paper - Federal Reserve Chairman Game and Reflection Paper I enjoyed playing the role of Chair of the

Federal Reserve Chairman Game and Reflection Paper -...

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Federal Reserve Chairman Game and Reflection Paper I enjoyed playing the role of Chair of the Federal Reserve partially because my actions to raise or cut the fed funds rate did not come at the cost of our nation’s economy. The game simulated the ability to maintain the desired full employment rates and price stability through the means of raising or cutting the fed funds rate throughout a term. During the course of the game a blitz of unforeseen circumstances take place and you are left with the need to make a quick decision on adjusting the rate while also maintaining a constant eye on the trending unemployment and inflation rates

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