When was the federal reserve created and for what purpose


Assignment:

The Federal Reserve and Monetary Policy

Using the Internet, textbook or related resources, research the creation and role of the Federal Reserve. Then in a 2 page paper, address the following:

• When was the Federal Reserve created and for what purpose?
• How does the Federal Reserve manipulate our economy to foster economic growth?
• Research at least three specific policies instituted by the Federal Reserve.
• Finally give an analysis as to why or why not you feel these policies were successful. Remember to support your position with cited sources.

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Microeconomics: When was the federal reserve created and for what purpose
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