Major tools of monetary policy
Task: Identify the four major tools of monetary policy. Then describe how changes in the Fed's major policy tools leads to:
1. Expansionary monetary policies
2. Restrictive or contradictory monetary policies.
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The financial crisis of 2008 caused macroeconomists to rethink monetary and fiscal policies. Economists, financial experts, and government policy makers are victims of what former Fed chairman Alan Greenspan called a "once in a century credit tsun
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Task: Identify the four major tools of monetary policy. Then describe how changes in the Fed's major policy tools leads to: 1. Expansionary monetary policies 2. Restrictive or contradictory monetary policies.
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