I will need my initial post first and then I will post the 2 classmate responses that I will need.The Federal Reserve controls the money supply through monetary policy actions. I also will include my screen print that is needed for this discussion.
For this discussion, first play the simulation game Chair the Fed (on the Federal Reserve of San Francisco website). You may play the simulation as many times as you wish.
In your initial post, include an image of your simulation report. (See Module Four Simulation Discussion Screenshot Instructions.) Then address the following:
In your responses, comment on at least two posts from your peers that had different outcomes from your own. Compare and contrast your experiences in the simulation. If you had any issues accessing the simulation, you can still provide constructive critique of your peers outcomes. Research current levels of the federal funds rate, inflation, and unemployment and recommend monetary policy actions that would help your peer.
To complete this assignment, review the Module Four Simulation Discussion Guidelines and Rubric.
Your active participation in the discussions is essential to your overall success this term. The simulation discussions in this course allow you to share your experiences playing simulation games related to the final project simulation. These discussions give you a chance to express your thoughts, ask questions, and gain insights from your peers and instructor.
Create one initial post and follow up with at least two response posts.
For your initial post, you must do the following:
For your two response posts, you must do the following:
| Criteria | Proficient (100%) | Needs Improvement (55%) | Not Evident (0%) | Value |
|---|---|---|---|---|
| Initial Post: Timeliness | Develops an initial post that includes simulation image by the indicated time | Initial post does not include simulation image or is not posted by the indicated time | Does not make an initial post | 20 |
| Initial Post: Unemployment Rate | Explains the relationship between the federal funds rate and the unemployment rate using information from the textbook | Shows progress toward proficiency, but with errors or omissions | Does not attempt criterion | 20 |
| Initial Post: Inflation Rate | Explains the relationship between the federal funds rate and the inflation rate using information from the textbook | Shows progress toward proficiency, but with errors or omissions | Does not attempt criterion | 20 |
| Response Posts | Responds to at least two peers by comparing experiences and researching current levels of federal funds rate, inflation, and unemployment and recommending monetary policy actions | Shows progress toward proficiency, but with errors or omissions | Does not attempt criterion | 30 |
| Articulation of Response | Clearly conveys meaning with correct grammar, sentence structure, and spelling, demonstrating an understanding of audience and purpose | Shows progress toward proficiency, but with errors in grammar, sentence structure, and spelling, negatively impacting readability | Submission has critical errors in grammar, sentence structure, and spelling, preventing understanding of ideas | 5 |
| Citations and Attributions | Uses citations for ideas requiring attribution, with only minor errors | Uses citations for ideas requiring attribution, with major errors | Does not use citations for ideas requiring attribution | 5 |
| Total: | 100% | |||
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