What is contractionary monetary policy and how is it achieved?Discuss the shortcomings of monetary policy?

Due: Thursday, December 15, 2022, 11:59 PM 1. Define and describe the Federal Reserve with as much detail as you can. 2. What is expansionary monetary policy and how is it achieved? 3. What is contractionary monetary policy and how is it achieved? 4. Discuss the shortcomings of monetary policy?

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