Discuss the Federal Reserve’s Contractionary and Expansionary Monetary Policy

Discuss the Federal Reserve’s Contractionary and Expansionary Monetary Policy

Write a 1,250- to 1,500-word paper APA formatted in which you address the following:

* By law the Federal Reserve is required to pay attention to both unemployment and inflation. How does the Federal Reserve accomplish these goals?

* What are the pros and cons of using contractionary and expansionary monetary policy tools under the following scenarios: depression, recession, and robust

economic growth?

* What do you think is more appropriate tools today?

– Cite your references appropriately. If you used an electronic source, include the URL.

– Format your paper according to APA standards.

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