{"id":477,"date":"2015-05-05T04:18:07","date_gmt":"2015-05-05T04:18:07","guid":{"rendered":"https:\/\/courses.candelalearning.com\/masterymacro1xngcxmaster\/?post_type=chapter&p=477"},"modified":"2018-07-30T13:32:26","modified_gmt":"2018-07-30T13:32:26","slug":"introduction-to-the-federal-reserve","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/oldwestbury-wm-macroeconomics\/chapter\/introduction-to-the-federal-reserve\/","title":{"raw":"Introduction to the Federal Reserve","rendered":"Introduction to the Federal Reserve"},"content":{"raw":"

What you'll learn to do:\u00a0explain the structure, functions, and responsibilities of the Federal Reserve System<\/h2>\r\n\"Photo<\/a>\r\n\r\nIn a modern, market economy, the availability of credit is critical to the functioning of the economy. Too little credit can hamstring an economy, while too much can cause inflation. The Federal Reserve (or Fed) plays a key role in the macro economy by regulating the supply of credit. In addition, it promotes stability in the financial system, and provides banking services to government and to commercial banks.","rendered":"

What you’ll learn to do:\u00a0explain the structure, functions, and responsibilities of the Federal Reserve System<\/h2>\n

\"Photo<\/a><\/p>\n

In a modern, market economy, the availability of credit is critical to the functioning of the economy. Too little credit can hamstring an economy, while too much can cause inflation. The Federal Reserve (or Fed) plays a key role in the macro economy by regulating the supply of credit. In addition, it promotes stability in the financial system, and provides banking services to government and to commercial banks.<\/p>\n\n\t\t\t

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Candela Citations<\/h3>\n\t\t\t\t\t
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CC licensed content, Original<\/div>