What is the projected size of the Federal Reserve balance sheet in absolute terms and as a % of GDP? How does this compare to the Great Depression and World War II?
5. Read the WSJ article “20200427_The Federal Reserve Is Changing What It Means to Be a Central Bank – WSJ.pdf” ( see the article in link below) and discuss the following questions: (1) What is the projected size of the Federal Reserve balance sheet in absolute terms and as a % of GDP? How does […]