ECO202 Lecture Notes - Federal Funds Rate, Janet Yellen, Money Supply
Document Summary
When i watched the econmovies video, jacob clifford talked about many topics including: What is the federal reserve and its roles to protect the economy the best it can. Within all this information, he talked about one of the main purposes of the federal. Reserve being to regulate banks and control the money supply. This is all led by a woman named janet yellen, who must sometimes advise changes to help regulate the money supply to help the economy recover from any woes it may and can face. Jacob clifford stated that changing the money supply affects the interest rates which can affect the entire economy. within chapter 29: The monetary system, there was a section called, the federal funds rate. Within this section, it was a question-and-answer section on the functions of the federal. Though, there was one question that stuck out to me that can be referenced in this prompt.