1. Describe the structure of the Federal Reserve System. Why was it designed this way?  Should it be considered a more centralized or decentralized organization? 2. How does the FED rate along the scoring of the features you described?

Principles of Economics, 7th Edition (MindTap Course List)
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Chapter36: Six Debates Over Macroeconomic Policy
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1. Describe the structure of the Federal Reserve System. Why was it designed this way?  Should it be considered a more centralized or decentralized organization?

2. How does the FED rate along the scoring of the features you described?

3. What are two reasons that it took so long for the US government to adopt fiscal policy as a set of stabilization tools?

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