List out at least one policy action that the federal reserve

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Reference no: EM1360016

• Write a paper on the U.S. Federal Reserve's monetary policy that addresses the following points:

Define the purpose and function of money

Explain how the central bank manages a nation's monetary system.

Outline the stated direction of recent monetary policy in the United States.

List at least one policy action that the Federal Reserve has taken to confirm that direction.

Explain the effects of monetary policies on the economy's production and employment.

Reference no: EM1360016

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