ECO 100 Week 5 DQ 1 Basic Functions of Money
What are the three basic functions of money? Describe how rapid inflation can undermine money’s ability to perform each of the three functions. Fully support your position in at least 200 words. Respond to at least three of your classmates’ postings.
ECO 100 Week 5 DQ 2 Central Bank System
Explain the role of the Federal Reserve System and the 12 Federal Reserve Banks. Discuss the Federal Open Market Committee (FOMC) and the Federal Funds Rate. What do they do to manage the economy and the money supply? How do they control inflation and deflation? Fully support your position in at least 200 words. Respond to at least three of your classmates’ postings.
0 comments:
Post a Comment