List and Describe the Three Major Monetary Policy Tools the Federal

question 15

Essay

List and describe the three major monetary policy tools the Federal Reserve can use to increase the money supply.Be specific in your response regarding which direction the tool would need to change in order for the money supply to grow.

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Definitions:

Intestate

The state of dying without a valid will, resulting in one's assets being distributed according to statutory guidelines.

Single Mother

A woman who has a dependent child or dependent children and who is widowed, divorced, or unmarried.

Stepchildren

Children brought into a family by a new spouse who are not the biological offspring of that spouse.

Inheritance

Assets, money, or property received from someone who has died, transferred through legal means such as a will or through intestate laws if no will exists.