. Explain, what kind of
The Fed is also known as central bank, which aims to promote economic stability by controlling the interest rate and money supply. Recession is a temporary period of economic decline which leads to a fall in GDP for two successive quarters. In recession and depression, the GDP of a nation will fall, unemployment will rise or simply, recession or depression is situation of economic slowdown. The expansionary monetary policy that increases the money supply in the economy are the most important element, in an anti-depression economy. This monetary policy is when a central bank or fed uses the tools to stimulate economic growth which increases the money supply, lowers interest rates, and increases the demand for commodities in the economy.
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