Define the Term Monetary Policy,and Describe Three Ways the Fed

question 2

Essay

Define the term monetary policy,and describe three ways the Fed implements monetary policy.

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Definitions:

Consent Decrees

Legal agreements that settle a dispute between parties without admission of guilt but with the agreement to do or stop doing a certain activity.

Antitrust Case

Legal action taken against parties accused of violating antitrust laws, aimed at promoting competition and preventing monopolies.

Antitrust Division

A sector of the government, often within the Department of Justice, responsible for preventing monopolies and promoting market competition by enforcing antitrust laws.

Justice Department

A government department responsible for the enforcement of laws and administration of justice, typically at the national level.