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Explain 3-ways in which Federal Reserve can change the money supply. If the Federal Reserve is going to adjust all of these tools during an economy that is increasing too quickly, what changes would they make? If the Federal Reserve is going to adjust all of these tools during an economic recession, what changes would they make? What changes, if any, to the current condition of these tools would you make at the next meeting of the Federal Reserve? Explain why and the benefits/drawbacks of this strategy. Describe each tool and how it is used to achieve it desired effect on the US money supplyState how the FED will use each tool to achieve the desired effect on the US money supply
What will be the effects of an increase in the money supply
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