1. what are the three main goals of the fed? 2. how does the fed control the money supply and inflation (stable prices is another term for inflation control)? 3. why is it important for you to know this? 4. search the web and find an article that describes the actions and impact of any recent action (within the past year) the fed has taken to control the money supply and inflation. describe the action and indicate what will be the likely impact on the business of this action? 5. summarize what you have learned in two or three well thought-out and concise paragraphs. make sure your writing is college level.

Although gdp is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating gdp for the united states? check all that apply. the value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government the variety of goods available to consumers funds spent by city governments to renovate their buildings the costs of air and water pollution when a u.s. company purchases and imports electronic parts from china to use to produce mp3 players within the united states, this purchase increases the component of gdp while also net exports by the same amount. therefore, the purchase of electronic parts from china causes in us gdp.