4.2 Discussion: Federal Reserve Tools Getting Started The adjustment in the supply of money is one of the tools used by the Federal Reserve to influence the economy by influencing interest rates. This assignment covers the mechanics of the money supply and how it influences interest rates.  A thorough understanding of this concept will help you better understand how Federal Reserve policies may impact your business or organization. Upon successful completion of this discussion, you will be able to: Evaluate the tools the Federal Reserve uses to change the money supply and interest rates. Resources Text:  Economics for Managers Media: Federal Reserve Background Information In order to fully understand this assignment you must understand the functions of money 1) as a medium of exchange, 2) as a unit of account, and 3) as a store of value. Pages 362–363 in the textbook provide a definition and example of each of these functions for money and the ways the Federal Reserve measures the money supply. Instructions Review the rubric to make sure you understand the criteria for earning your grade. As you read Federal Reserve focus on the three tools that the Federal Reserve uses to change the money supply and interest rates in the economy. Navigate to the threaded discussion and respond to the following: Write an explanation of the three tools that the Federal Reserve uses to change the money supply and interest rates in the economy. Your audience should be considered an intelligent but uninformed citizen of the United States. Be sure to explain why each tool works the way it does. Defend your explanation with a detailed evaluation that demonstrates clear, insightful critical thinking. Which of these tools is the most important and why? Defend your answer with a detailed evaluation that demonstrates clear, insightful critical thinking. Your initial response should be 400 to 600 words in length and include two academic sources that are properly cited.  It is due by the end of the fourth day of the workshop. Now conduct a critical analysis of a posting by two of your classmates by the end of the workshop. The topic of your discussion response should be your classmate’s posting and should be written as if you were reviewing his/her posting in an academic journal. Your discussion response should, therefore, answer the following questions as applicable: Were your classmate’s arguments articulate and logical? Were the facts correct? Was the interpretation your classmate provided reasonable and consistent with experts in the field? Was your classmate consistent with both the substance and intent of his/her references? The focus for your critical analysis is not whether or not you agree with your classmate, but how well his/her position was presented. Each response should be at least 200 words in length and cite two academic sources.  Please strive to make your discussion responses ones tha.

1. 4.2 Discussion: Federal Reserve Tools
Getting Started
The adjustment in the supply of money is one of the tools used
by the Federal Reserve to influence the economy by influencing
interest rates. This assignment covers the mechanics of the
money supply and how it influences interest rates. A thorough
understanding of this concept will help you better understand
how Federal Reserve policies may impact your business or
organization.
Upon successful completion of this discussion, you will be able
to:
Evaluate the tools the Federal Reserve uses to change the money
supply and interest rates.
Resources
Text:
Economics for Managers
Media: Federal Reserve

2. Background Information
In order to fully understand this assignment you must
understand the functions of money 1) as a medium of exchange,
2) as a unit of account, and 3) as a store of value. Pages 362–
363 in the textbook provide a definition and example of each of
these functions for money and the ways the Federal Reserve
measures the money supply.
Instructions
Review the rubric to make sure you understand the criteria for
earning your grade.
As you read
Federal Reserve
focus on the three tools that the Federal Reserve uses to change
the money supply and interest rates in the economy.
Navigate to the threaded discussion and respond to the
following:
Write an explanation of the three tools that the Federal Reserve
uses to change the money supply and interest rates in the
economy.
Your audience should be considered an intelligent but
uninformed citizen of the United States.
Be sure to explain why each tool works the way it does.

3. Defend your explanation with a detailed evaluation that
demonstrates clear, insightful critical thinking.
Which of these tools is the most important and why? Defend
your answer with a detailed evaluation that demonstrates clear,
insightful critical thinking.
Your initial response should be 400 to 600 words in length and
include two academic sources that are properly cited. It is due
by the end of the fourth day of the workshop.
Now conduct a critical analysis of a posting by two of your
classmates by the end of the workshop.
The topic of your discussion response should be your
classmate’s posting and should be written as if you were
reviewing his/her posting in an academic journal. Your
discussion response should, therefore, answer the following
questions as applicable:
Were your classmate’s arguments articulate and logical? Were
the facts correct?
Was the interpretation your classmate provided reasonable and
consistent with experts in the field? Was your classmate
consistent with both the substance and intent of his/her
references?

4. The focus for your critical analysis is not whether or not you
agree with your classmate, but how well his/her position was
presented. Each response should be at least 200 words in length
and cite two academic sources. Please strive to make your
discussion responses ones that cause iron to sharpen iron.
=============================================
4.3 Discussion: Saying vs. Doing
Getting Started
In this assignment you will look at the role of the Federal Open
Market Committee in establishing monetary policy and what
impact a change of monetary policy has on the economy and
your organization.
Upon successful completion of this discussion, you will be able
to:
Assess the latest actions by the Federal Open Market Committee
regarding monetary policy.
Resources

5. Text:
Economics for Managers
Website: Federal Reserve Policy Dealing with the Pandemic
Background Information
The Federal Open Market Committee (FOMC) has the chief
responsibility for directing monetary policy. The FOMC has 12
members: the seven members of the Board of Governors, the
president of the Federal Reserve Bank of New York, and four
other Federal Reserve Bank presidents who serve one-year
terms on a rotating basis. The remaining district bank presidents
participate in the FOMC meetings, which are held eight times a
year in Washington, DC, but do not vote on policy decisions
(Farnham, 2014, p. 367).
Instructions
Review the rubric to make sure you understand the criteria for
earning your grade.
Read the following information from the Federal Reserve
pertaining to the Federal Open Market Committee (FOMC) and
monetary policy implementation as “the Fed” attempts to
address the weakness in the economy spawned by the
Coronavirus pandemic:
Federal Reserve Policy Dealing with the Pandemic
https://www.federalreserve.gov/monetarypolicy/2020-06-mpr-
summary.htm
Navigate to the threaded discussion and respond to the

6. following:
Evaluate the following statement: What the FOMC says is
becoming as important as what it does regarding monetary
policy implementation during the pandemic. Defend your
answer with a detailed evaluation that demonstrates clear,
insightful critical thinking.
Given the present economic condition and trends, evaluate how
effective the Fed is at promoting economic stability. Defend
your answer with a detailed evaluation that demonstrates clear,
insightful critical thinking.
Your initial response should be 400 to 600 words in length,
include two academic sources that are properly cited, and is due
by the end of the fourth day of the workshop.
Now conduct a critical analysis of a posting by two of your
classmates by the end of the workshop. The topic of your
discussion response should be your classmates posting and
should be written as if you were reviewing his/her posting in an
academic journal. Your discussion response should, therefore,
answer the following questions as applicable:
Were your classmates arguments articulate and logical? Were
the facts correct?
Was the interpretation your classmate provided reasonable and
consistent with experts in the field? Was your classmate
consistent with both the substance and intent of his/her
references?

7. The focus for your critical analysis is not whether or not you
agree with your classmate, but how well his/her position was
presented. Each response should be at least 200 words in length
and cite two academic sources. Please strive to make your
discussion responses ones that cause iron to sharpen iron.
===============================================
==========
4.4 Assignment: The Aggregate Model and Fiscal/Monetary
Policy
Getting Started
This assignment brings together and integrates the variables and
relationships needed by managers in order for them to
understand the determination of income, output, interest rates,
and price level in the aggregate demand/aggregate supply model
of the economy.
Upon successful completion of this assignment, you will be able
to:
Analyze changes in fiscal and monetary policies.
Resources

8. Textbook:
Economics for Managers
Background Information
In the previous workshops the focus was spent on real goods
and services by individuals, firms, and governments and the
influence of money and Federal Reserve monetary policy on the
economy. The assumption was made that prices were constant.
In real-world economics, price level changes and inflation can
be a serious policy problem. Previous workshops also focused
on the demand side of the economy. This assignment will add in
the supply side to develop the full model of aggregate demand
and supply to address these problems. This will aid you as a
manager in analyzing the entire range of macroeconomic factors
that influence firms and industries.
Instructions
Review the rubric to make sure you understand the criteria for
earning your grade.
Read Chapter 14, “The Aggregate Model of the Macro
Economy,” in
Economics for Managers
.
Find two or more recent articles (post April 2020) in the
Wall Street Journal
or other business publications that describe changes in fiscal

9. policy during the global pandemic.
Write a five- to six-page paper answering the following
regarding fiscal policy changes that have been initiated to
address the economic weakness brought on by the Coronavirus
pandemic:
Describe policies that could stimulate the economy? Defend
your answer with a detailed evaluation that demonstrates clear,
insightful critical thinking.
How do these policies relate to the model of aggregate demand
and aggregate supply? Provide a detailed evaluation that
demonstrates clear, insightful critical thinking.
How likely are these policies to be effective in stimulating the
economy, given the pervasive weakness brought on by the
global pandemic? Provide a detailed evaluation that
demonstrates clear, insightful critical thinking.
You must use a minimum of five sources for your research
paper, at least three of which are scholarly.
Use proper spelling, grammar, and APA formatting for your
analysis paper.
When you have completed your assignment, save a copy for
yourself and submit a copy to your instructor.
*You may notice a second rubric in the submission folder. For
more information, please watch this short
Key Assessment notification video

10. or
select here to view the transcript
.
===============================================
======================
4.1 Assignment: Reading and Remediation
Getting Started
Viewing the videos and practicing using the practice Excel file
with its video can prepare you for the work needed on the
research report for a data set.
In order to successfully complete this exercise, you should be
able to:
Review videos about statistics fundamentals.
Practice with the Excel file provided.
Resources
Video: Hypothesis Testing

11. Video: Hypothesis Testing with Means
Video: T-Tests
Video: Independent T-Tests
Video: Excel video on Hypothesis Testing
Textbook:
OpenIntro Statistics
File: WS4Practice
File: WS4Homework
Background Information
Providing background and descriptive statistics is like a
literature review section of a dissertation. You review and
communicate the analysis of the raw data. You present visual
representations of the data to give meaning to the raw data.
Instructions
Watch the following videos on hypothesis testing, hypothesis
testing with means, t-tests, and independent t-ests:
Watch the Excel remediation video,

12. Hypothesis Testing
.
An optional supplementary textbook is the
OpenIntro Statistics
,
and you can read the concepts there.
Use the lab file
WS4Practice
to practice the Excel skills (includes an Excel hands-on video
inside the spreadsheet as a link).
Use the file
WS4Homework
to demonstrate the Excel skills. Each of the six problems is
worth 10 points, for a total of 60 points possible for this
assignment.
When you have completed your assignment, save a copy for
yourself and submit a copy to your instructor by the end of the
workshop.
https://www.youtube.com/watch?v=biQMVl8GY6g&feature=yo
utu.be
===============================================
===============
4.4 Assignment: Create Hypothesis
Getting Started

13. After the prior activities, the analysis section can be written for
the research report. Since there are three analyses to perform,
this is a partial assignment for the analysis section.
In order to successfully complete this assignment, you should
be able to:
Write part of the analysis section for the data set.
Resources
File: Research Report Patients
Your most recent research report
Background Information
This is one of the more detailed assignments in this course. You
will write your second analysis for the report.
Instructions
Study the
Research Report Patients
file.
In your report, fill out the second analysis section, including

14. any statistics, graphs, and interpretation of the analysis.
When you have completed your assignment, save copies for
yourself and submit a copy of the research report to your
instructor by the end of the workshop.