What did the fed actually do

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The unemployment rate is the US fluctuated around 6% in 2002-2003 . Assume the full employment unemplyoment rate is 5%. What could the FED ( Federal reserve system) do in 2002-2003 in order to bring the economy back to full-employment ? What did the FED actually do ? Explain in detail

Reference no: EM13154807

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What did the fed actually do : What could the FED ( Federal reserve system) do in 2002-2003 in order to bring the economy back to full-employment ? What did the FED actually do ? Explain in detail

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