For this assignment, you must submit a memo consisting of 750?900 words in which you explain to your boss how the use of money has changed over the past 20 years.;For full credit you must address the following in your memo;1. Explain how the use of money has changed over the past 20 years.;2. Explain the factors that have led up to this change.;3. Discuss/explain how the Federal Reserve Bank should regulate the nation?s bank.;4. Explain the role of technology in the evolution of how money is used by consumers.;5. Explain what has happened to the velocity of money because of technology.;6. As an example, calculate the velocity of money when the price level is 10, the national quantity of output is $200 billion, and the money supply is $250 billion.
Paper#21520 | Written in 18-Jul-2015Price : $22