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Lopus, Jane S.; McDaniel, Kristen – Social Education, 2015
The Federal Reserve System (the Fed) is one of the most important financial institutions in the world. As the central bank of the United States, it influences the domestic money supply, credit, and interest rates with the goal of achieving stable prices and full employment for the world's largest economy. It provides a variety of services to…
Descriptors: Misconceptions, Monetary Systems, Banking, Economic Climate