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Title: Monetary Policy

Essay Details

Subject: Business
Author: Joan V
Date: September 25, 2016
Level: University
Grade: A
Length: 3 / 725
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

(The Federal Reserve Board, 2006) Monetary policy is one of the tools that the government uses to influence the economy in order to achieve economic stability. The Fed increases or decreases the money supply to influence inflation, unemployment, interest rates and economic growth. (Financial Pipeline, 2006) State of the Economy According to the July 2006 Monetary Policy Report to the Congress the economy is currently in a state of transition...

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The economy has been relatively stable over the past few years even with some of the recent disasters that impacted it such as September 11 and Hurricane Katrina. Inflation pressures have been elevated thus far in 2006. (Bernanke, 2006) This is due to the rise in price of crude oil and its contribution to the increase of energy costs...

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