Macoeconomics 2.1

timer Asked: Mar 18th, 2013

Question Description

write a 2 page paper that addresses the following:

  • explain the structure of the federal reserve bank and the primary responsibilities of the regional banks, board of governors, and fomc.
  • discuss the difference between the federal funds rate and the discount rate.
  • thoroughly explain the monetary policy tools. how might the federal reserve use these tools when taking an expansionary stance? how might the federal reserve use these tools when taking a contractionary stance?
  • include a discussion of the federal reserve system and its independent relationship to the federal government. should it be independent? why, or why not.

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