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Suppose in an election year, the economy started to slow down. At the same time, clear signs of inflationary pressures were apparent. How might the central bank with a primary goal of price stability react? How might members of the incumbent political party who are up for reelection react?
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Grading Rubric
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Some Rubric (1) |
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Criteria |
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Pts |
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Professionalism: Proper grammar, spelling, citations, sources, good organization, readability, clear articulation of ideas, correct use of templates, etc. |
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10 pts |
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Thoroughness Follows instructions; response is well-researched and articulate; appropriate length; addresses all prompts and assignment criteria; thoughtful analysis |
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10 pts |
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Progression: Incorporates feedback and suggestions from instructor and peers; demonstrates continuous improvement |
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10 pts |
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Total Points: 30 |
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With price stability as its primary purpose, the central bank would respond