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Macroeconomic Impact on Business Operations
Essay specific features
Written by:
Henry E
Date added:
January 16, 2014
Level:
University
Grade:
B
No of pages / words:
8 / 2201
Was viewed:
684 times
Rating of current essay:
Essay content:
It is with monetary policy that a government can endeavor to maintain desirable economic conditions. Federal Reserve chairman Alan Greenspan described the goals and difficulties of the implementation of monetary policy in 1994 as follows.
?move toward a posture of political neutrality ? that is, a level of real short-term rates consistent with sustained economic growth at the economy's potential...
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That level, of course, is difficult to discern and, obviously, is not a fixed number but moves with developments within the economy and financial markets. (Aspinwall 1995)
The goal of this paper is to examine the different aspects of U.S. monetary policy and analyze their effects on economic conditions...
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