A Review of European Foundation Studies, 1977-1984:

Format: Paperback

Language: English

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Minimum wage laws also decrease the cost of welfare programs provided by the government. Knotek and Terry (2009) show that natural rates of unemployment have tended to rise in other countries that experienced banking crises and severe recessions. The Fed manages open market operations (the buying and selling of government bonds), reserve requirements (the amount of money banks have to stash) and the discount rate (how much the Fed charges for loans to banks).

Pages: 162

Publisher: European Communities (December 1986)

ISBN: 9282564134

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