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Explain the current macroeconomic conditions (unemployment, inflation, and economic growth [GDP] rates) that the Federal Reserve and the central bank of Japan have, and compare

Explain the current macroeconomic conditions (unemployment, inflation, and economic growth [GDP] rates) that the Federal Reserve and the central bank of Japan have, and compare the performance between the two countries.

Explain the primary tools used by the central bank of Japan and the Federal Reserve to control the money supply in each country.

B. Describe how each monetary authority uses these tools to impact macroeconomic performance.

C. Compare banking regulations of the central bank of Japan and the Federal Reserve.

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