Federal Reserve

Question 1

Resource: any bank’s website

Write a paper in 1,050 min words.

Access a bank’s website.

List five services offered by the bank

For each service, describe whether it reflects an asset (use of funds) or a liability (source of funds) for the bank.

What interest rates does the bank offer on its CDs determine?

Evaluate the services you have learned about. What is your overall impression?

Format your paper consistent with APA guidelines.

Question 2

Imagine you come back to your economics class in the year 2050. How will the textbook describe money and banking? Based on trends you see today, make a prediction for the future of money. Explain why you think this trend will occur and how it will affect the US economy.

For information on the currency now in circulation.

And the Bureau of Engraving and Printing’s “fun facts about money”

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