Question: Please solve 1, 2, 3, and 4. 8:32 AM ut.blackboard.com ? HW #1-The Federal Reserve and Monetary Policy This homework assignment is worth up to

Please solve 1, 2, 3, and 4. Please solve 1, 2, 3, and 4. 8:32 AM ut.blackboard.com ?

8:32 AM ut.blackboard.com ? HW #1-The Federal Reserve and Monetary Policy This homework assignment is worth up to 20 points toward your final grade. 1. What are the five (5) risks common to all financial institutions? Briefly explain each. (5 points) 2. Who is the current Chairman of the Federal Reserve? (2 points) 3. Explain the three uses of money. How do cryptocurrencies, such as Bitcoin and Ripple, fit into this framework? (3 points) 4. What are the three main goals of the Federal Reserve and how does the Fed use Monetary Policy to achieve these goals? (3 points)

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