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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Problem: Is the state of the USA designed to replace the GDP with a primary measure of economic performance?
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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What are the advantages and disadvantages of free trade? From an economic point of view, is free trade better than limited or no trade? Have you benefited from free trade? how?
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