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Consider the Federal Reserve System by addressing the following questions: What is the Federal Reserve system, and does it exist in every country? Is the
Consider the Federal Reserve System by addressing the following questions:
- What is the Federal Reserve system, and does it exist in every country?
- Is the Fed part of the government, or independent in your view?
- What are their tools of monetary policy?
- How does the Fed implement monetary policy to manage the economy?
- Has the Fed used any of their tools lately, if so, how and when (include any research links in your post).
- Given the current state of the U.S. economy, should the Fed be using expansionary monetary policy or contractionary monetary policy? Why or why not?
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