Question Details

About Federal Reserve Monetary Policy
Resources U.S. Federal Reserve Web site * Locate the section for Monetary Policy and the section for Monetary Policy Report to the Congress, from the U.S. Federal Reserve Web site http://www.federalreserve.gov * Read the most recent report by the Federal Reserve Chairman. *
Write a 700- to 1,050-word paper on the U.S. Federal Reserve's monetary policy that addresses the following points:
o Define the purpose and function of money
o Explain how the central bank manages a nation's monetary system.
 o Outline the stated direction of recent monetary policy in the United States.
 o List at least one policy action that the Federal Reserve has taken to confirm that direction.
o Explain the effects of monetary policies on the economy's production and employment.
* Format your paper consistent with APA guidelines.
 


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