200 words! Unit Five focuses on money and banking. Answer the following for this Discussion Question:
- Describe components of U.S. money supply.
- Describe components of the Federal Reserve and U.S. banking.
- Discuss the factors in the 2007 crisis.
- Summarize the goals and tools of monetary policy.
- Explain the effectiveness of monetary policy.
Choose any one part of the Discussion Question (1,2,3,4 or 5) and give a real-life example/illustration.