Which of the following is NOT a monetary policy tool of the federal reserve?

According to the graph on the previous slide, what happened to the unemployment rate in 2020?

A person who pours concrete for a living in Michigan, is out of work from November to March. Which type of unemployment is this?

Which of the following is the MOST likely cause of the unemployment rate increasing in 2020?

A person who is a cashier at McDonald's is laid off when the restaurant installs self-service kiosks. Which type of unemployment is this?

For many reasons, the economy enters a recession. A person working as an accountant gets laid off from their workplace. 9 months later they get called back to work when the recession ends. Which type of unemployment is this?

Best Buy and other retailers announce they will no longer stock and sell CDs and DVDs. As a result, a factory producing CDs and DVDs in Vietnam closes. Which type of unemployment is this?

If the federal reserve were to try to fix this unemployment problem, which type of policy would they use?

Which TWO economic goals is the Federal Reserve mandated to try to achieve?

Which type of monetary policy would be MOST likely to reduce the unemployment rate?

According to the graph on the previous slide, what happened to the US Inflation rate between 2021 and 2022?

During the pandemic the US Government increased unemployment benefits and sent stimulus checks to households. How might this be a cause of inflation?

After the pandemic, workers began successfully demanding higher wages from employers. How might this be a cause of inflation?

During the pandemic, many factories in China temporarily closed. Manufacturers in other countries could not get parts from China to make their products. How might this be a cause of inflation?

During the pandemic, the Federal Reserve kept interest rates low, close to zero. How might this be a cause of inflation?

If the Federal Reserve were to try to decrease inflation, which monetary policy goal would be best?

Which monetary policy tool would best decrease the money supply to reduce inflation?