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What happened when During the 1970s the Federal Reserve allowed rapid credit expansion in order to combat unemployment?
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Is the Federal Reserve responsible for determining the inflation rate and the unemployment rate?
The Federal Reserve does not set the inflation or unemployment rates. These rates are naturally fluctuating based on market activities. Typically, as inflation rises, unemployment decreases and vice versa (except in the case of stagflation in 1970's). The Federal Reserve DOES, however, adjust interest rates and various other rates to control the money supply in order to combat unemployment and inflation. See the "Money Supply Theory."
Is Nevada unemployment delayed by Columbus Day?
Yes. It's a federal holiday. Anytime the federal reserve is closed, no money moves.
What would most likely if the federal reserve system lowered interest rate?
Unemployment would be reduced in the short run.
What would most likely happen if the federal reserve system lowered interest rates?
Unemployment would be reduced in the short run.
What was one reason the U.S. government started a Federal Reserve System?
To provide consumers with access to funds for business expansion
What causes the fluctuation in cd rates?
There are a variety of things that cause cd rates to fluctuate most of them are related to the economic stability at the time. CD rates are affected by demand for credit, Federal Reserve policies, unemployment, business expansion, and the stability of the stock market to name a few.
What government agency conducts monetary policy in the United States?
The Federal Reserve is responsible for managing the money supply in the U.S.
What was the singular achievement of the Federal Reserve Act?
Establishing the Federal Reserve was the singular achievement of the Federal Reserve Act.
When was the federal reserve established?
The Federal Reserve was created in 1913
How many federal reserve districts did the Federal Reserve Act divide the US into?
There are twelve Federal Reserve districts in the U.S.
What law was passed by congress to prevent financial panic?
The Federal Reserve Act...Apex:)
What is federal reserve system for?
what is one of examiner jobs at the federal reserve
