- Discuss economic issues the US economy faces due to its large trade deficits with China and Japan. Use solid economic reasoning in your response NOT personal opinion. Verify your statements with evidence if need be.
- Your credit is also dependent on your economic reasoning and your grammar and spelling.
The Federal Reserve System is predominately responsible for U.S. monetary policy. Since the economic crisis of 2008 it has implemented a policy known as Quantitative Easing (QE). Please explain what QE is in general. How many rounds of QE has the FED implemented? What are the potential effects of such a policy? Since the Great Recession of 2008, do you believe they are doing an adequate job or not? Please respond with solid economic reasoning, not personal opinion which is not founded on any verifiable evidence.