Monetary Policy
Date Submitted: 09/05/2001 13:45:00
Category: / Law & Government / Government & Politics
Length: 9 pages (2579 words)
Category: / Law & Government / Government & Politics
Length: 9 pages (2579 words)
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…may have to start raising taxes and then that hurts the individual even more, because the banks already raised their interest rates.
Conclusion
Monetary policy is the policy directed toward the control of the money supply. With the FOMC meeting eight times a year to make sure that the U.S. money supply is completing their goals of economic growth and stabilizing prices, the economy will stay away from recessions and an increase in unemployment.
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