conomy Read the following premise carefully and answer the questions specifically and in detail. "Faced with instability in economic growth due to a recession or accelerated inflation, the Fed uses the open market operation to increase or decrease the available reserves of commercial banks which, in turn, will affect the amount of money available in the economy. economy In addition to open market operation, the Fed has other tools available to promote the growth, sustainment and economic stability of a country. These tools have been used historically; "A good example was the mortgage debt crisis of 2008." 1. Explain in detail monetary policy, its function and its effects on short- and long-term economic fluctuations. Use the aggregate demand and supply model presented in the course. 2. Explain each of the tools that exist in expansionary monetary policy and contractionary monetary policy
Economy
Read the following premise carefully and answer the questions specifically and in detail.
"Faced with instability in
These tools have been used historically; "A good example was the mortgage debt crisis of 2008."
1. Explain in detail
2. Explain each of the tools that exist in expansionary monetary policy and contractionary monetary policy.
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