Question: Answer the questions. Elaborate an analytical answer on each question and use APA writing style rules. Use textbooks, videos, and internet websites to help you

Answer the questions. Elaborate an analytical answer on each question and use APA writing style rules.

Use textbooks, videos, and internet websites to help you with your answers.

  1. Describe the functions and activities usually performed by central banks.
  2. Distinguish among the dynamic, defensive, and accommodative responsibilities of the Fed.
  3. Identify and briefly describe the three traditional instruments that may be used by the Fed to set monetary policy.

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