ECO 212 Week 5 IA Federal Reserve Paper

Apr 16th, 2015
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Running Head: FEDERAL RESERVEFederal ReserveNameUniversity of PhoenixFederal ReserveIntroductionThe monetary policies and monetary system of all organizations of the United States are strongly governed by their Federal Reserve. With that, this paper will cover all aspects of the monetary system in the country, and how they are being managed by the Federal Reserve. Moreover, this paper will also explore the many roles of money in a certain state. It would also be the interest of this paper to find the kind of direction that the Federal Reserve of the United States of America give the entire country's economy. These monetary policies have a direct impact on the production and employment rate of a country, which will also be covered in this paper. Function and Purpose of MoneyHumans have been using money for almost all their lives. It this highly commercialized world, it is almost impossible to survive without money. However, there was still a point in history when people lived without money, and that period was sporadic simply because people did not have a fixed material to exchange for the commodities they need. Barter was still the major mode of acquiring commodities

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