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As noted Wednesday, review “Ted talks – what gives a dollar its value and go to the Federal Reserve site

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As noted Wednesday, review “Ted talks – what gives a dollar its value and go to the Federal Reserve site, thefederalreserve.gov and answer the following: What is the Federal Reserve? What are its goals and role? Who owns the Fed? Explain the following Federal Reserve tools: 1. open market operations, 2.discount rate and 3.reserve requirements. This shold be submitted at class or via e-mail is you wish.

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The additional assignment will be to watch a Fed You Tube clip and provide analysis. This will be provided later today. You will find this clip extremely interesting, informative and noteworthy.

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