You have just been elected president of the United States, and the present Chair of the Federal Reserve Board has resigned. You need to appoint a new person to this position, as well as a person to chair your Council of Economic Advisers. Using your knowledge of macroeconomics, identify the personal characteristics and the views on macro theory and policy you would want your appointees to have and implement. Remember, the economic health of the entire nation and solution to keeping the economy growing will be impacted by this decision. As you know, during the Great Recession, the Fed proposed a number of "bail out" measures to address the "great recession". In the second part of your paper, indicate why or why not you would recommend that your new appointee use similar measures if this situation arises again. Should the Fed have a bond-buying program? Identify any new policies that you would like your candidate to follow. You will want to use an appropriate style. Single space the document and use a double space between the paragraphs. (This means it should look like the paragraphs above). Use headings and references where appropriate.