Which do you think briefly describe two ways the federal


1. How was my experience working on capsim on financial department? MAX to 2 pages.

2. Which do you think Briefly describe two ways the Federal Reserve is setup to maintain policy independence from the U.S. government.

3. A municipal bond has face value of $1000. Interest of $35 is paid every 6 months. The bond has a life of 10 years. What is the effective rate of interest on this bond? Is this rate adjusted for inflation? What is the municipal governments cost of capital for this bond? Estimate the rate, considering all levels of government.

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