As discussed in the course, the U.S. Economy passed through what has now come to be known as "The Great Depression." The government and the Federal Reserve responded with different fiscal and monetary policies. Identify these Monetary and Fiscal policies implemented by the Federal Reserve and the government to deal with the recession. Evaluate the expected and actual effects of each policy. Your response needs to include the name of the policy, description of the policy, the year it was implemented and discussion of expected and actual outcomes in term of the GDP, unemployment and inflation rates.
Instructions:
300-350 Words long (not including title and reference)
Use at least 2 academic papers from credible sources to support your ideas (avoid sites such as Wikipedia, Investopedia, EHow, yahoo answers, etc.)
Include APA- formatted in text citation and a list of reference in a reference page (identify all items taken from other sources. Read DCCCD's policy on plagiarism)
This is a research paper
Limited personal opinions
Do not copy and paste basic definitions.