assignment 5d: Federal Reserve System Paper
Objective: Describe the Federal Reserve System and how it attempts to control the money supply in the U.S.
Mindset: Understand the Federal Reserve System and how it attempts to control the money supply in the U.S.
Instructions
In the United States, the Federal Reserve System (FED) functions as the country’s central bank. As the central bank, the FED produces currency and lends money to the government and member banks, develops monetary policy, and provides other financial services and guidance to the nation’s financial system. Business organizations need to understand the Federal Reserve System and the nation’s financial system to effectively manage their financial resources.
• Write a 2-3-page report describing the Federal Reserve System, at least three services it provides to banks, and tools it uses to control the nation’s money supply. What impact do you believe the FED had on the recession that started in 2008? Refer to articles that justify your opinion of the impact.
• Use the Paper Writing rubric to guide your efforts and apply the required formatting style.
Rubric
Title:
65-Pt Paper Rubric
65-Pt Paper Rubric
Criteria Ratings Pts
description Delete
This criterion is linked to a Learning Outcome Content
Range
threshold: pts rating Delete
25.0 pts
Full Marks
Content is relevant with concrete examples and sound reasoning. References cited support topic, validate facts, and are well-integrated.
rating Delete
22.5 pts
Above Average
Content is relevant, but somewhat lacks concrete examples, sound reasoning, and/or validation through cited resources.
rating Delete
20.0 pts
Average
Content is relevant, but substantially lacks concrete examples, sound reasoning, and/or validation through cited resources.
pts
25.0 pts
—
description Delete
This criterion is linked to a Learning OutcomePresentation
Range
threshold: pts rating Delete
25.0 pts
Full Marks
Paper contains a clear flow of introduction, body, and conclusion. Paper presents clear message with consistent tone and appropriate formatting.
rating Delete
22.5 pts
Above Average
Paper has minor errors with flow between components or contains minor inconsistencies with message or tone.
rating Delete
20.0 pts
Average
Paper lacks clear flow between components or needs clearer language and/or formatting consistency.
pts
25.0 pts
—
description Delete
This criterion is linked to a Learning OutcomeMechanics
Range
threshold: pts rating Delete
15.0 pts
Full Marks
Writing contains very few grammatical errors, and citations are correctly formatted.
rating Delete
13.5 pts
Above Average
Writing contains some grammatical errors that do not detract from paper, and/or resources are cited based on the assigned formatting style.
rating Delete
12.0 pts
Average
Writing contains some grammatical errors that detract from paper, and/or resources are incorrectly cited.
pts
15.0 pts
a