I need a little guidance to help me get started on this assignment.
Write a 700-1050 word paper on the U.S. Federal Reserve's monetary policy
o Define the purpose and function of money
o Explain how the central bank manages a nation's monetary system.
o Outline the stated direction of recent monetary policy in the United States.
o List at least one policy action that the Federal Reserve has taken to confirm that direction.
o Explain the effects of monetary policies on the economy's production and employment.