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Explain how the Federal Reserve Bank uses information/data to make its policy. What is the current FED policy? Do you think that the current Federal Reserve policy is the correct one? Defend your answers in one or two short paragraphs. (A short paragraph for each question) Explain the Federal Reserve's use of open- market operations in the money creation process. Explain how the Federal Reserve Bank uses information/data to make its policy. (A short paragraph for each question) D Question 1 ' Describe the three functions of money and provide a personal example for each. Where does money get its value? (A short paragraph for each question)