Find someone who can do or explain whats asked for in the box (one different person per box;

9 students asked total). Ask the person to initial your box and tell you the answer. Then
summarize the answer in your box. Note: You are the only person who should be writing answers in your boxes.
Explain the difference between inside and outside policy
lags
Initials ________

Describe 4 functions of the Federal Reserve System

Initials _________

What is the discount rate?

Initials ________

Describe how does the FED influence the business cycle?

Initials ________

What are the Regional Federal Banks responsible for?

Initials ________

Describe the Federal Open Market Committee.

Initials ________

What is the difference between Easy Money and Tight

Money?
Initials ________

What is the Reserve Requirement and how can this tool be

used by the FED?
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Which tool does the FED use most often when

implementing monetary policies and why?
Initials ________