What is the most recent monetary action taken by the fed during the past monetary cycle (the monetary action taken in the past year)?

What do you think was the fed's rationale (reasons) for its actions?

How are these actions intended to affect national income, unemployment, and inflation?

In your opinion, are the actions having the intended effects? Provide evidence to support your answer.

Answer rating: 100% (QA)

Economic action in the United States extended at a moderate rate in the second half of 2011 next an anemic increase in the first half and the modest pace of expansion appears to have continued into th... View the full answer