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| Topic: |
History
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| Number of pages / Number of words: |
12 / 3296 |
Essay's paper body
However, the truth is that the Fed is indeed powerful, but it does not run the U.S. economy. The decisions by the Fed do have a great impact on the overall economy of the United States. The interest rates consumers pay when buying such things as a house or a car are tied directly to the decisions made by the Fed...
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The decisions made by the Federal Reserve affect every business and every individual in the United States. The duties of the Fed fall into four main categories: conducting monetary policy, supervising and regulating banking institutions while protecting the rights of consumers, maintaining a stable financial system, and providing financial services to the U...
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Panic Of 1857
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