Read the information and use it to answer the constructed-response question. In December 2007 the U.S. unemployment rate was 5 percent. By June 2009 the U.S. unemployment rate was 9.5 percent. • Describe the role of the Federal Reserve. • Explain how the Federal Reserve could use monetary policy to address the economic changes described in this information. • Include details and specific examples to support your answer.
Read the information and use it to answer the constructed-response question. In December 2007 the U.S. unemployment rate was 5 percent. By June 2009 the U.S. unemployment rate was 9.5 percent. • Describe the role of the Federal Reserve. • Explain how the Federal Reserve could use monetary policy to address the economic changes described in this information. • Include details and specific examples to support your answer.
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