ECON MACRO (with MindTap Printed Access Card) (New, Engaging Titles from 4LTR Press)
ECON MACRO (with MindTap Printed Access Card) (New, Engaging Titles from 4LTR Press)
6th Edition
ISBN: 9781337408738
Author: William A. McEachern
Publisher: Cengage Learning
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Chapter 14, Problem 9P
To determine

Tools used by Federal Reserve to pursue monetary policy.

Introduction:

FED also known as the Federal Reserve System is the central bank of the United States of the America.

Monetary policy is the tool by which central bank of the country controls the monetary base in the country or economy. Central bank has many tools to pursue the monetary policy.

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