The Federal Reserve (Fed) exerts considerable control over the money supply.

• Identify the tools the Fed uses to control the money supply
• Discuss how those tools can be used to control the money supply.
• Identify the tool the Fed uses most often and explain why the Fed seldom uses the other two.
• Discuss the most recent actions by the Fed.
• Evaluate those actions in terms of how they might affect your career decisions. For example, would the Fed actions make it better or worse to seek a job change or to leave the workforce and return to school, etc.).