Discuss the merits and demerits of the given viewpoint


Problem

Can the Fed permanently increase employment? "The Federal Reserve is obsessed with inflation, so much so that it ignores the fact that millions of American workers are unemployed. We need a Fed that fights for American jobs. We need a Fed that views any unemployment as too much unemployment, rather than worrying about whether inflation is 2% or 3%." In a one page essay, discuss the merits and demerits of this viewpoint, using graphs and equations when helpful.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Discuss the merits and demerits of the given viewpoint
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