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☆☆☆☆☆the Federal Open Market Committee (FOMC),
The Federal Reserve alters monetary policy to influence the amount of money and credit in the U.S. economy. These changes affect interest rates and the performance of the economy. The end goals of monetary policy are sustainable economic growth, full employment and stable prices.
The federal reserve banks did wellduring the depression due to regulations. The bank ended the depression
the government restricts the amount of money that banks can lend.
Cutting Taxes
increase gvt exp
john maynard keynes
by congress and the whitehouse
In contrast with Classical economics, Keynesian economics takes a broader view of the economy
Produce a good at a lower opportunity cost than another country.
╓■Taxen■╖
monetary policy
monetary policy
A+
a decrease in the money supply
Because there are more political complications with determining and implementing fiscal policy.
Gross National Product
FAC (Federal Advisory Councel)
The federal funds rate is the interest rate banks charge on loans in the federal funds market. The federal funds rate is not set administratively by the Fed. Instead, the rate is determined by the supply of reserves relative to the demand for them.
do nothing and let the economy fix itself
above the federal funds rate
