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The federal reserve system

Assignment Help Macroeconomics
Reference no: EM131071105

"The Federal Reserve System" Please respond to the following: 

  • Choose a position to defend:
    • "The U.S. Congress and the President should have enough leverage and power to control the Federal Reserve's actions in both the short and long run."
    • "The Federal Reserve should be independent from political pressure in designing and implementing monetary policy."

"Monetary Control" Please respond to the following:

  • Create an analogy or metaphor that explains how banks create and destroy money - one that would be understood by someone with absolutely no background in economics.

Reference no: EM131071105

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