A) What are three major functions of money?

B) How does the FED increase the amount of money in the banking system?

C) What are the three main parts of the FED?What does each do?

D) Explain the meaning of central bank independence.

3. A) What are two major differences between fiscal and monetary policies?

B) What is he FED's inflation target?

C) What is the LOLR function of the FED?

D) What would you recommend for the government to do today during the COVID crisis?

How will this help the economy?