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How did the framers intend to make tyranny unlikely or impossible?
Monetary Policy
Monetary policy involves the management of a country's money supply and interest rates by the central bank to influence economic growth, inflation, and employment levels.
Liquidity-Preference Model
An economic model that suggests the demand for money is primarily determined by interest rates, reflecting preferences for cash liquidity.
Federal Reserve
The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial stability.
Money Supply
The aggregate sum of funds present in an economy at a given moment, encompassing cash, coins, and the amounts maintained in checking and savings accounts.
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