Describe the New Tools of Monetary Policy of the Fed

question 91

Essay

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

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Definitions:

External Iliac Vein

A large vein in the pelvic region that carries deoxygenated blood from the lower limbs back to the heart.

Liver Sinusoid

Specialized, capillary-like blood vessels in the liver involved in the filtration and exchange of substances between the blood and liver cells.

Hepatic Portal System

A system of veins that carries nutrient-rich blood from the digestive organs to the liver for detoxification and metabolism before it enters the general circulation.

Detoxify Substances

The process by which toxic substances are removed or transformed into less harmful compounds in the body.