Problem
1. Given the current state of the economy, what should Fed. Do with monetary policy and why?
2. Compare the pros and cons of independent central bank?
3. Compare pros and cons of monetary rule and discretionary monetary policy.
4. Give the money multiplier and explain how the 3 different players impact the money multiplier and the money supply.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.