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Scenario (use to answer questions 5-6) You are appointed the...


Scenario (use to answer questions 5-6) You are appointed theChairperson of the FOMC. Use the link below to run a monetarysimulation. You are required to hit the inflation target. In orderto receive credit, you have to reappointed by hitting both yourinflation and unemployment targets. You can run the simulation asmany times as necessary. When you are successful enter in theending inflation and unemployment rates. http://www.frbsf.org/education/activities/chairman/ What is your ending inflation rate? A. Above 6.0%B. Between 5.0% – 5.9%C. Between 3.6% – 4.9%D. Between 0.1-3.5% . . .