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Watch this 15-minute video on Monetary Policy before taking the chapter quiz. NOTE: Jerome Powell is the current Chair of the Fed. It is no longer Bernanke. After watching the video, submit a summary of what you learned, explaining what the 3 monetary policy tools are, how the Fed would use them (to either increase or decrease AD) and how they affect macroeconomic outcomes. Also, share whether you thought the video helped you understand monetary policy. Submit as a Word doc as usual by clicking the assignment title.

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