What is meant by the reference monetary system

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Required: What is meant by the reference "monetary system"? What is the meaning of money ? What are the basic functions & kinds of money of money ? What is the Federal Reserve and How Can the Federal Reserve Indirectly Influence interest rates & money supply and hence GDP ? Explain how the "FED" is employing it's various monetary tools to support the economy during the pandemic ?

Reference no: EM133512531

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