Disantis Section Essay Choices for 1/29 Quiz

Please write on one of the following (50 points):

1. A major goal of the Federal Reserve is to promote steady, sustained growth in the aggregate US economy. If the economy is falling into a recession, what can the Federal Reserve do to steady it? What level of certainty can the Fed have that its policies will have the desired effects?

2. GDP is defined as the sum of spending from consumers, businesses, and government plus net exports. If you could add any one category to this equation in order to make it a more accurate reflection of an economy's health, what would it be and why?

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