Discussion Post: Money and Banking
o List and describe the functions of a modern central bank
o List and describe the principles of central bank design.
o Describe the structure and functioning of the Federal Reserve System and compare it to the European Central Bank.
o Describe in detail the central bank balance sheet including assets and liabilities.
o What are the means at the Fed's disposal for changing the size and composition of its balance sheet?
o Explain the process the Fed currently uses to achieve it's monetary policy goals.
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.