Chapter 15, Problem 10DQ

Please answer the following (refer to the picture.)

Visit the website of the Federal Reserve Bank (https://www.federalreserve.gov/) and answer the following questions: Who is the current Chair of the Board? Go to the Economic Education link below (inside the “About the Fed” tab), and read one of the offerings, then describe what you learned from/about it in a paragraph or two. https://www.federalreserve.gov/aboutthefed/educational-tools/default.htm Issue 3. Use your favorite search engine to find “Current business ethical issues in the news” and provide a brief summary of a case that interests you.  End by stating whether you agree the issue is indeed ethically questionable.  Include the url of the article you selected.  Issue 4. Again, using your favorite search engine, enter “GDP per capita 2022 rankings” and view the results.  Answer these four (4) questions: a. Which country has the highest GDP per capita? b. What ranking did the US have? c. Copy and paste the url of the site you used. d. What is an important consideration that…

You want to invest in stock market but finds no time to monitor your money. What should you do and why?

The Internet-based economy is going to end up just like the old economy with the huge conglomerates controlling everything. Do you agree or disagree? Is this situation desirable or not? Give reasons for your opinion.

1. How does America’s economic system affect your day-to-day life? 2. How would your life be different if you lived under socialism or communism? 3. How would it be different if you lived under a purely free market system?

Financial relief for individuals and businesses through the covid-19 pandemic has greatly increased the public debt in Canada as well as in many other countries. What does the Rogoff reading "Not a pretty picture" tell us is likely to happen as a result?

What is the difference between over the counter market and the stockexchange?

What started the U.S. inflationary spiral in the 1960s?

Instructions: The Financial Services Commission has invited you to publish an article in their Business Magazine. The topic is The Role of Money in Society. They have given you the following pointers to aid in the development of your article: 1. Trace the development of money a. barter b. commodity c. fiat money 2. Explain the role of money in society 3. Differentiate between the characteristics and the functions of money 4. Explain the different forms of money in today's world a. commodity b. near money c. fiat money d. token money e. broad money f. money substitutes g. ml, m2, m3 and m4