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Throughout history, when was the Federal Reserve able to pull the United States out of a recession or prevent a recession from occurring, and how?

  • Throughout history, when was the Federal Reserve able to pull the United States out of a recession or prevent a recession from occurring, and how?
  • How was the value of the United State's currency determined? How does that compare to other countries?
  • Which monetary policy tool was used?
  • During the same period of time, what actions were taken by the federal government to safeguard domestic consumers and to promote the well-being of domestic consumers (households)?

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