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Monetary Policy: Current Policy and Conditions

Description: Monetary policy can be defined broadly as any policy relating to the supply of money. Monetary policy can have important effects on aggregate demand and through it on real Gross Domestic Product (GDP), unemployment, real foreign exchange rates, real interest rates, the composition of output, etc., all of which are short-term effects. Over the longer run, the major effect of monetary policy is on the rate of inflation. A growing money supply is important for the subsequent growth in money spending or aggregate demand. The Federal Reserve executes monetary policy by setting a target for an overnight interest rate called the federal funds rate. Changes in the federal funds rates affect primarily short-term interest rates, and through these changes, money spending.
Date: August 21, 2006
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department

Monetary Policy: Current Policy and Conditions

Description: Monetary policy can be defined broadly as any policy relating to the supply of money. Monetary policy can have important effects on aggregate demand and through it on real Gross Domestic Product (GDP), unemployment, real foreign exchange rates, real interest rates, the composition of output, etc., all of which are short-term effects. Over the longer run, the major effect of monetary policy is on the rate of inflation. A growing money supply is important for the subsequent growth in money spending or aggregate demand. The Federal Reserve executes monetary policy by setting a target for an overnight interest rate called the federal funds rate. Changes in the federal funds rates affect primarily short-term interest rates, and through these changes, money spending.
Date: July 28, 2006
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department

The Current Economic Recession: How Long, How Deep, and How Different From the Past?

Description: This report examines the current recession and recessions of the previous three decades in detail. It gives a brief overview of the other post-war recessions. It outlines the fiscal and monetary policy response to each recession. It also looks at theories of why recessions occur. The report concludes by asking the question that many commentators in the news have asked recently: is this recession different from the past?
Date: January 10, 2002
Creator: Labonte, Marc & Makinen, Gail
Partner: UNT Libraries Government Documents Department

Unemployment: Issues in the 112th Congress

Description: This report briefly reviews the situation in the 2012 labor market, expands on the policy steps taken to date, and analyzes policy issues that typically arise during consideration of stimulus legislation. Three policy issues are examined: whether to take additional measures to increase jobs, what measures might be most effective, and how job creation proposals should be financed.
Date: October 5, 2012
Creator: Gravelle, Jane G.; Hungerford, Thomas L. & Levine, Linda
Partner: UNT Libraries Government Documents Department