How does the Federal Reserve (“the Fed”) use monetary policy? What changes have been made to the policy to correct for the economic challenges over the past 20 years?

Monetary policy and changes made over time

This assignment is intended to help you learn to do the following:

• Describe how the Federal Reserve is organized.
• Identify the Fed’s three primary policy tools and how they alter the economy.

Overview
Review the section of your text that covers monetary policy and changes made over time to compensate for the economic changes over the past 20 years. In addition, find and read two recent articles on this topic.

Write a 500-750 word (approximately 2 to 3 page) paper that addresses these questions:

• How does the Federal Reserve (“the Fed”) use monetary policy?
• What changes have been made to the policy to correct for the economic challenges over the past 20 years?

Support your conclusions with the findings from the articles and the textbook as well as any other sources you would like to use. Format the paper according to General APA Guidelines. You do not need to include an abstract but you must include a title page and a references page. These pages are not included in your word/page count.