Fighting Recession When times are tough, the two entities help to - TopicsExpress



          

Fighting Recession When times are tough, the two entities help to formulate and put in place economic policies designed to stimulate the economy by reducing interest rates and making more money available to banks and consumers. (Read more in The Federal Reserves Fight Against Recession.) When a decision is made to issue tax rebates, the Department of the Treasury is responsible for taking money out of the Federal Reserve and putting it into the hands of consumers. Consumers, in turn, spend the money. Through their spending, they funnel money into the economy, resulting in increased sales of consumer goods and increased employment to create those goods.
Posted on: Thu, 30 Jan 2014 12:52:35 +0000

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