Module 9 Q1 Should something that has such a large impact on the economy as monetary policy be handed over to a central

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Module 9 Q1 Should something that has such a large impact on the economy as monetary policy be handed over to a central

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Module 9
Q1
Should something that has such a large impact on the economy as monetary policy be handed over to a central bank rather than being decided by elected politicians?
Q2
Why not specify a goal for the monetary authorities that includes both a price level and an unemployment target?
Q3
Has quantitative easing been effective?
Additionally, show the series of 3 graphs that would occur due to expansionary monetary policy.
Then, show the series of 3 graphs that would occur due to contractionary monetary policy.
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