• Identify and summarize three specific monetary policy tools that the Fed has to combat in a recession.
  • Explain how each tool may reduce the recession and how it impacts employment and growth.

Prepare another essay title Recession, answer the following questions on Word document, with a minimum of 275 words, following APA guidelines.

• Describe the problems and impact that a recession has on the economy as a whole and the various economic entities (individuals, firms, financial institutions, etc.).
• Identify and summarize three specific monetary policy tools that the Fed has to combat a recession.
  • Explain how each tool may reduce the recession and how it impacts employment and growth.

Once complete, upload both essays as one document into Blackboard. Each essay should have the appropriate title:

Inflation

Recession