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Title: Monetary and Fiscal Policies

Essay Details

Subject: Business
Author: William C
Date: June 29, 2015
Level: University
Grade: A
Length: 10 / 2843
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

The system is conducted by the Federal Reserve System and it influences demand mainly by raising and lowering short-term interest rates. How is the Federal Reserve Structured? The Federal Reserve (the nation's central bank), called the fed for short, was established by congress in 1913 and consists of the Board of Governors in Washington, D...

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Although the fed is accountable to congress and structured by law, it is totally separate from the departments that manage the country's spending decisions. The governors are appointed by the president for terms of 14 years. The appointments are staggered so no one single president could load the board with his own people...

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