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Test like an eagle: don't let time keep on slipping, slipping, slipping...into the future. Or at least past the time limit.

Monetary Policy

Monetary Policy

Monetary Policy Options

Goose continues, "Okay, so to finish up the 15 minutes a year economic lecture, these are the things you have to keep in mind." And he keys a powerpoint on his monitor:

To Fight Recession:

  • Lower interest rates 
  • Lower reserve requirements
  • Buy securities

To Fight Inflation:

  • Raise interest rates 
  • Raise reserve requirements
  • Sell securities

"And they are sensitive to a host of data from all over Creation.com.  For The Seven, you will almost certainly have a question or three on...

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