Continue with the industry you selected in Unit II for this assignment. For this Unit VII Assignment, write a script for a radio/television show as if you were interviewing an expert concerning topics discussed in this unit.
Include input from both the interviewer and interviewee standpoint. What questions would you ask as the interviewer? What answers would you give to those questions as the interviewee? When writing your questions and answers, keep in mind that you have already learned a lot about your industry through earlier assignments in this course. It is suggested that you review your responses to those assignments before beginning this one.
-In your interview script, address the following topics:
-the structure of the Federal Reserve,
-the functions of money,
-six qualities of ideal money,
-the tools of monetary policy used by the Federal Reserve to manipulate the money supply in the United States,
-the current status of monetary policy regarding a contractionary or expansionary stance in the United States, and
-the potential impacts on your selected industry over the next 2 years of this monetary policy stance.
Your script must be a minimum of four pages (1,000 words, double-spaced). Adhere to APA Style when creating citations and references for this assignment. APA formatting, however, is not necessary.
Answer preview
international money transactions. The third quality of money is divisibility, which means that money is divisible into different amounts based on the value of products in the market. Fourth, ideal money has uniformity, which makes it easy to recognize in any part of the country. The fifth quality of money is a limited supply. That is, if money is in excess, it would not be hard to earn it, and therefore no meaningful value would be associated with it. Lastly, the ideal money can be accepted anywhere in the country. That is, regardless of the type of business, money serves as an intermediary between the demand and products.
Interviewer: That is a very good explanation of money. Now I want you to elaborate on the concept of monetary policy by telling us the tools that the Federal Reserve might use to control the money supply.
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