Need to be able to discuss "monetary policy" and the US system...

Would you please help me understand monetary policy a little better? When someone refers to "monetary policy," what does that mean? I need to be able to describe the monetary system of the United States. How is it flexible in relation to economic conditions, and how does the Federal Reserve System change the supply of money? And how does the supply of money impact the economy?

Macroeconomic study of Monetary Policy

(Several OTA's had viewed this question, but no one had accepted it yet... so I'm revising the question to be more specific in case I was too vague.) Would you please help me understand the details on monetary policy a little better? The following elements are touched on in my text, but not very descriptively: In reference to "monetary policy," 1. Please describe the monetary system of the United States including how it is flexible in relation to economic conditions, and how the US Federal Reserve System changes the supply of money. 2. How does the supply of money impact the economy? These are topics that are touched on in my two textbooks, but the text material on monetar... click for more

Goals of US monetary policy and their consistency

Two goals of monetary policy in the United States are price stability and full employment? Are these goals always consistent with each other? Explain with the help of the appropriate graphs.

I am not quite know what is the connection between balance of payments and elasticities approach.

Question Using your understanding of the elasticities approach to balance of payments, how might it be a useful model in discussion some aspects of IMF conditionality in developing nations.

very confused about this question. too hard. Thanks

Question Discuss the effectiveness of fiscal and monetary policies under conditions fixed and flexible exchange rate regimes, where free capital mobility is assumed.