Money and banking

1. Describe components of U.S. money supply.
2. Describe components of the Federal Reserve and U.S. banking.
3. Discuss the factors in the 2007 crisis.
4. Summarize the goals and tools of monetary policy.
5. Explain the effectiveness of monetary policy.
   Choose any one part of the Discussion Question (1,2,3,4 or 5) and give a real-life example/illustration.

Sample Solution