Economics Homework Help

The Structure of Central Banks and 2008 and 2009 Financial Crisis Discussion

 

Help me study for my Economics class. I’m stuck and don’t understand.

1. What are some of the arguments for and against changing the Fed’s mandate? Which arguments do you find most persuasive?

2. Why do some economists and policymakers hold the Fed partially responsible for the 2008-09 financial crisis? Do you think that those who blame the Fed are right or wrong? Why?