Econ essay, must be 400 to 600 words
Read the above article about “Fed independence” and discuss the following. Should President Trump reduce the independence of the Fed? State your opinion and then provide some facts/evidence to support it. Note, there is no right or wrong stance to take, the key is to simply have an opinion and then argue for that opinion using facts and evidence from the course and other sources.
Your response must be 400 to 600 words. File must be uploaded as an MS Word document or pdf file by 5 PM on Friday January 18. Please feel free to use information from class or other sources (Google searches and reading information online, reading other articles, etc.). Just do not copy someone else’s writing or ideas verbatim. That is plagiarism. I reserve the right to run written assignments through plagiarism software (e.g. turnitin.com).
Written Assignment Rubric
| level | credit | ||||
|---|---|---|---|---|---|
| Length and ReadabilityIs the submission in the 400-600 words range? Is the writing understandable? |
|
5.0 分 | |||
| Course ConceptDoes the submission accurately use a concept from ECN 135? |
|
2.0 分 | |||
| Applied KnowledgeDoes the submission apply knowledge from ECN 135 to answer the questions about the article? Does the submission make a coherent argument or provide a coherent answer to the questions asked using information from the article and the course? |
|
3.0 分 | |||
| full credit 总得分： 10.0 ， 10.0 | |||||
Solution Preview
Fed Independence
One of the primary distinguishing facts of the Federal bank and its president is its independence from the government. Most recently, the president received significant criticism for his apparent statements that seemed to be against the independence of the institution, in which the president seemed to be giving directions over the potential future of its president due to its apparent partisan approach to policy decisions. According to President Trump, the decision by the Fed to raise the interest rates during his tenure was an effort by the Fed to reduce the extensive level of economic growth experienced during the Trump presidency.
(588 words)