Abstract: 5 pages in length. Monetary policy and the recession of 1990-1991. This paper examines the effect on the macro economy, trade, and consumers. Monetary policy influences money supply growth, credit conditions and the level of interest rates. In the past several years, the economy has performed surprisingly well. The effects of monetary policy on the macroeconomic environment have a powerful impact, and the United States has seen good economic growth, low unemployment and modest inflation. Bibliography lists 5 sources.
Subcatagory: Economic History