Discussion:
1. When applying monetary policy, the Federal Reserve System is known as "the lender of last resort." What does this mean, and what tools are used during a lending crisis? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, should be referenced; paraphrased and quoted material should have accompanying citations.
2. What are the functions of the 12 Federal Reserve banks, including their monetary policy actions? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, should be referenced; paraphrased and quoted material should have accompanying citations.
3. What are the differences between the European System of Central Banks and the Federal Reserve System? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, should be referenced; paraphrased and quoted material should have accompanying citations.
4. What are the three tools of monetary policy? Your response should be at least 220 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, should be referenced; paraphrased and quoted material should have accompanying citations.
5.When investing in bonds, there are a multitude of differences with risk level, time to maturity, and specific provisions, etc. One such provisional feature is known as a sinking fund. As an investor, would you consider a sinking fund provision as an attractive feature for a bond investment? Why?