QUESTION 5.
Based on how the unemployment rate has changed, the Bronx requests the Federal Reserve take action. If they wish to make the unemployment rate move in the opposite direction from what you found, what should they do to the IORB rate?
QUESTION 6. What would the action taken on the IORB rate you suggested do to the following? Enter 'I' for increase, 'D' for decrease or 'N' for no change.
Federal Funds Rate: D
Demand for homes : I
Investment levels: I