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Describe the role of financial markets and financial institutions. Describe the major components of the Federal Reserve (Fed) and each component's role. Discuss how the

Describe the role of financial markets and financial institutions. Describe the major components of the Federal Reserve (Fed) and each component's role. Discuss how the Yield Curve in the United States has changed over time. Explain Yield Curve slope and what factors cause the slope to change. What causes a negative sloping yield curve and what might that mean for both borrowers and lenders?

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