Describe the New Tools of Monetary Policy of the Fed

question 18

Essay

Describe the new tools of monetary policy of the Fed and explain the reasoning of the Fed to create these new ways to deal with the recent financial crisis.

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Definitions:

Socially Unstable Protest

Demonstrations or movements that arise in contexts of social instability, often reflecting widespread discontent or demands for change.

Collectivization

The process of transforming private assets or properties into collective ownership, typically under governmental or communal control, often associated with agricultural reforms in socialist contexts.

Collective Action

Activities undertaken by a group of people with the aim of achieving a common goal, often requiring coordination and cooperation among participants.

Consciousness

The state or quality of awareness where an individual is able to perceive, feel, and be cognizant of events, objects, thoughts, emotions, or sensory patterns.