B) In your own words, describe the 3 functions of money. C) In your own words, answer the following question. What is the most important tool used by the Federal Reserve to conduct monetary policy and how does it affect interest rates? Helpful Hints and Information on composing analogies: . When you draw an analogy between two things, you compare them for the purpose of explanation. For example, when a scientist explains that the earth's forests function as its lungs, we understand the analogy to mean that both trees and lungs take in important elements from the air. Just as our lungs absorb carbon dioxide from the blood and infuse it with oxygen, forests, which are full of trees, function as the lungs of the earth, essentially breathing in carbon dioxide and exhaling oxygen. Helpful Hints and Information on composing specific and meaningful questions: . Provide context. Context allows for more precise responses, which is the purpose of most questions. In other words, when you provide context in your question, it is easier to find an exact response. It is much betterfto say, \"According to an article in the Economist, during the summer of 2013 the world price for the arabica type coffee bean decreased, from $106 for a 60 kg bag, to around $50. This change happened, in just two years. Which factors contributed to this rapid price decrease? Then to say, "Why did the price of coffee decrease? - Questions of relevance often sound like this; 0 How does relate to the problem of ? o How does bear on the question of ? o How does help us with the issue of ? o What are the implications of this in that? o How significant is to ? . In general. questions are designed to solicit a response. For the ouroose of