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Define the goals and objectives of the Federal Reserve. Identify the four monetary policy tools used by the United States and explain which monetary policy

Define the goals and objectives of the Federal Reserve. Identify the four monetary policy tools used by the United States and explain which monetary policy tool would influence the sale of smartphones in the U.S. Discuss the difference between expansionary monetary policy and contractionary monetary policy. Explain how expansionary monetary policy would lead to an increase in the sale of smartphones

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