This week, we will be discussing the Fed Funds Rate and how it can affect the unemployment rate and the rate of inflation. This exercise will help you identify how well you really understand the Federal Reserve System.
Based on your research or what you learned by watching the video What does the Federal Reserve do?, list at least two (2) functions of the Federal Reserve System and describe how the decisions made for each of the two (2) functions you chose could potentially impact the U.S. economy.
Next, describe how those functions may personally impact you or any U.S. Citizen.
Be sure to respond to at least one of your classmates’ posts.