The U.S. financial system has many complexities and it is impacted by several environmental factors, including federal regulations and the economy.
Write a two to three (2-3) page paper in which you:
1. Describe how the U.S. financial markets impact the economy, businesses, and individuals.
2. Explain the role of the U.S. Federal Reserve, the Federal Reserve Chairman, and Board, indicating its effectiveness in today's economic environment. Provide support for rationale.
3. Explain how interest rates influence the U.S. and global financial environment. Provide support for explanation.
4. Describe how exchange rates may impact a business's decision to operate in foreign markets.
Your assignment must follow these formatting requirements:
•Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
•Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
•Discuss the key concepts related to money, monetary systems, and money supply.
•Describe the function of the Federal Reserve, its composition, and other key policy makers that influence the financial system.
•Explain the international monetary system, exchange rates, and the related impact on international trade.
•Use technology and information resources to research issues in finance.
•Write clearly and concisely about finance using proper writing mechanics.