Government and Monetary Policy

Author: Client Uploads

March 15th, 2021

Define monetary policy and the Federal Reserve monetary policy goals Understand how Federal Reserve monetary policy actions influence market interest rates Evaluate how expansionary and contractionary monetary policy actions affect the equilibrium real GDP and the price level in the short run Determine the maximum potential extent that the money supply will change following a Federal Reserve monetary policy action Study the Phillips curve and understand the relationship between unemployment and inflation

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