The Federal Reserve's long standing tools includes

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The Federal Reserve's long-standing tools primarily involve changing the level of the targeted interest rate, which affects the cost of borrowing and lending money in the economy. Tax rate changes and government spending policies are tools used by the government, specifically Congress and the President, to affect the economy. Labor regulations are typically implemented by agencies such as the Department of Labor and do not fall under the jurisdiction of the Federal Reserve.

The Federal Reserve's Long Standing Tools Includes