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发布时间:2024-08-01 02:13:09

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On the ground floor of the Federal Reserve building in Washington, DC, there is an electronic game which tests a visitor’s skill at setting interest rates. You have to decide how to respond to events such as rising inflation or a stockmarket crash. If you get all the answers right, the machine declares you the next Fed chairman. In real life, because of huge uncertainties about data and how the economy works, there is no obviously right answer to the question of when to change interest rates. Nor is there any easy test of who will make the best Fed chairman. So who would The Economist select for the job
Alan Greenspan will retire as Fed chairman on January 31st, after a mere 181/2 years in the job. So George Bush needs to nominate a successor soon. Mr. Bush has a penchant for picking his pals to fill top jobs: last week he nominated his personal lawyer Harriet Miers to the Supreme Court. But his personal bank manager really would not cut the mustard
A. "be qualified"
B. "lower interest rate"
C. "be acquisitive"
D. "spend spree

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[单项选择]On the ground floor of the Federal Reserve building in Washington, DC, there is an electronic game which tests a visitor’s skill at setting interest rates. You have to decide how to respond to events such as rising inflation or a stockmarket crash. If you get all the answers right, the machine declares you the next Fed chairman. In real life, because of huge uncertainties about data and how the economy works, there is no obviously right answer to the question of when to change interest rates. Nor is there any easy test of who will make the best Fed chairman. So who would The Economist select for the job
Alan Greenspan will retire as Fed chairman on January 31st, after a mere 181/2 years in the job. So George Bush needs to nominate a successor soon. Mr. Bush has a penchant for picking his pals to fill top jobs: last week he nominated his personal lawyer Harriet Miers to the Supreme Court. But his personal bank manager really would not cut the mustard as Fed chairma
A. What is the content of the electronic game
B. Who could fill Alan Greenspan’s shoes
C. How to respond to events such as rising inflation
D. Who could change interest rates
[填空题]The Federal Reserve System
Correct Commonly known as the Federal Reserve Bank or the "Fed", this is the central
Which bank of the United States which founded in 1913, it determines the Reserve
34 Requirement within limits set out by the US Congress. The function of the Fed is
35 economic stabilization operate through the management of the national money
36 supply. The Federal Reserve System comprises with a board of governors with
37 seven members both stationed in Washington D. C. The responsibilities of the
38 Fed system are carried out through 12 Regional Federal Reserve Banks
39 controlling. The members of the Fed include the commercial banks, i.e. those
40 with the national chartered commercial banks and approximately to 10% of the
41 State-chartered commercial banks. These member banks buy stock from their
42 Regional Federal Reserve Banks is the larger body of the Fed system which
43 determines what the interest rates of the U

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