fed chairman game

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FED CHAIRMAN GAME 1. GO TO http://www.frbsf.org/education/activities/chairman/index.html
(or you can just Google “fed chairman game” to find the website)
a. Click on “LEARN MORE” before you play the game.
b. Define the following terms using the “Fed Toolkit.”
i. Tight money policy
ii. Easy money policy
iii. Discount rate
iv. Open market operations
v. Reserve requirement
c. Play the game. MAKE SURE YOU READ THE
DIRECTIONS!!!!
d. What was the outcome of your game? Did you get fired?
Include screen shot of outcome.
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