Discussion
Discuss how effective the Federal Open Market Committee has been using open market operations to achieve its goals of price stability and maximum employment. (Consider inflation and unemployment levels over the past decade. Is the Fed doing all it can to meet its dual mandate? Are there any major variables influencing price stability and employment that are largely beyond the Fed's control?)
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.