Discuss the Federal Reserve’s Contractionary and Expansionary Monetary Policy
Write a 1,250- to 1,500-word paper APA formatted in which you address the following:
* By law the Federal Reserve is required to pay attention to both unemployment and inflation. How does the Federal Reserve accomplish these goals?
* What are the pros and cons of using contractionary and expansionary monetary policy tools under the following scenarios: depression, recession, and robust economic growth?
* What do you think is more appropriate tools today?
– Cite your references appropriately. If you used an electronic source, include the URL.
– Format your paper according to APA standards.