Money and Banking

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  1. List and describe the functions of a modern central bank
  2. List and describe the principles of central bank design.
  3. Describe the structure and functioning of the Federal Reserve System and compare it to the European Central Bank.
  4. Describe in detail the central bank balance sheet including assets and liabilities.
  5. What are the means at the Fed's disposal for changing the size and composition of its balance sheet?
  6. Explain the process the Fed currently uses to achieve it's monetary policy goals.
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    Ashley Ellie
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