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Describe how the Federal Reserve is organized.
Identify the Fed’s three primary policy tools and how they alter the economy.
Review the section of your text that covers monetary policy and changes made over time to compensate for the economic changes over the past 20 years. In addition, find and read two recent articles on this topic. Write a 500-750 word (approximately 2 to 3 page) paper that addresses these questions:
How does the Federal Reserve (“the Fed”) use monetary policy?
What changes have been made to the policy to correct for the economic challenges over the past 20 years?