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Open and Operating: The Federal Reserve Responds to 9/11

        

Open and Operating: The Federal Reserve Responds to 9/11

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This 17-minute video explains all the different Federal Reserve actions to stabilize the economy beginning the morning of September 11. It is a great overview of the Fed and how they function, showing specific examples of the different things they do: cash in ATMs, FedWire, SwapLines for foreign currency, FOMC adjusting the federal funds rate target, etc. Some actual news footage from 9/11 is included, including film from the security cameras at the New York Regional Federal Reserve Bank, which... More
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Material Type: Presentation
Technical Format: HTML/Text
Date Added to MERLOT: December 08, 2011
Date Modified in MERLOT: July 29, 2015
Submitter: Liz Peterson
Keywords: open market operations, federal reserve, FOMC, 9/11, monetary policy

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  • Reviewed by members of Editorial board for inclusion in MERLOT.
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    Very good quality; in queue to be peer reviewed
    avg: 5 rating
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Primary Audience: High School, College General Ed, College Lower Division, College Upper Division
Mobile Compatibility: Not specified at this time
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Language: English
Cost Involved: unsure
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