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ECON 640 Chapter 15 Notes
Chapter 15 of this document outlines the concept of monetary policy, which refers to the actions taken by the Federal Reserve (Fed) to manage the money supply and interest rates in order to achieve macroeconomic policy objectives. The document discusses several key objectives of monetary policy, including price stability, high employment, stability of financial markets and institutions, economic growth, interest rate stability, and foreign exchange stability.
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Chapter 15 of this document outlines the concept of monetary policy, which refers to the actions taken by the Federal Reserve (Fed) to manage the money supply and interest rates in order to achieve macroeconomic policy objectives. The document discusses several key objectives of monetary policy, including price stability, high employment, stability of financial markets and institutions, economic growth, interest rate stability, and foreign exchange stability.