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Briefly discuss: What is money? What is the Federal Reserve Bank and how it controls money supply? If you were the chairman of the Federal

Briefly discuss:

  1. What is money?
  2. What is the Federal Reserve Bank and how it controls money supply?
  3. If you were the chairman of the Federal Reserve,what economic figures might you use to determine how well youwere doing? What role did the current Chairman of the FED play in the recent banking crisis?
  4. If the value of the dollar declines relative to the euro, what will happen to the price of French cheese sold in U.S. stores? Will people in France be more or less likely to buy a U.S.-made car? Why or why not?
  5. What is a stock exchange?
  6. What is the differences between stocks and bonds?What are the advantages and disadvantages for companies to issues bonds and stocks?
  7. What is a mutual fund?

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