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7. Write one short essay on the role of the Federal Reserve in the U.S. economy. Begin with a brief overview of the purpose of
7. Write one short essay on the role of the Federal Reserve in the U.S. economy. Begin with a brief overview of the purpose of the Federal Reserve. Then, describe the Federal Reserve's role in three particular areas: limiting unemployment, keeping prices stable, and controlling interest rates (both directly and indirectly). Finally, compose an analysis paragraph in which you answer the following questions: In your opinion, which of these roles is most crucial? Why do you think so?
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