Reference no: EM133181650

Please, could you answer these questions below as a few paragraph for each question as you can?

1. If you were chairperson of the Federal Reserve, what economic figures might you use to determine how well were doing? What role did the Federal Reserve play in the banking crisis of 2008-2009?
2. How much cash do you usually carry with you? What other means do you use to pay for items at the store on the Internet? What trends do you see in such payments? How might those trends make your purchase experience more satisfactory?
3. If the value of the dollar declines relative to the euro, what will happen to the price of French wine sold in U.S. stores? Will people in France be more or less likely to buy a U.S. made car? Why?  
4. Do you keep your savings in a bank, an S&L, a credit union, or some combination? Have you compare the benefits you could receive from each? Where would expect to find the best loan values?
5. One role the Federal Reserve is to help process your checks. In a small groups discuss and where you use checks, credit cards, debit cards, smartphones, and cash . Do you often write checks for small amounts? Would you stop if you calculated how much it costs to process such checks? Have you switched to debit cards as a result? Discuss your findings with the class.
6. Search online for articles about the causes of banking crisis that began in 2008. See if anyone in the class was directly affected by the banking crisis (i.e., lost their home). What organizations share the blame for the crisis?
7. Search for information about what has happened to banking in the United States and around the world since the banking crisis. What role did the Fed play in ending the crisis in the United States?
8. Search for information about what banking regulation changes the current president and Congress have proposed or passed. Do you think these changes will help or hurt the prevention of the problems that cause the 2008 crisis?