Monetary Policy

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Title: Monetary Policy

Essay Details:

Subject: Business

Author: Brandi W

Date: April 30, 2016

Level: College

Grade: A

Length: 1 / 127

Essay text:

Whenever discussing monetary policy, the first area to be addressed must be how the government creates money. The Federal Reserve has been in control of the money and credit in the US economy since 1968 when the US decided to get away from using gold as the standard in which to operate its monetary policy. The whole theory of this type of "central bank" is so that we can maintain the purchasing power of the US dollar and keep its comparative worth with the various other currencies in the world. Monetary policy can have a dramatic effect on several areas of the economy. One of these areas is the unemployment rate...

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