Economics Nature of the Fractional-Reserve Banking System United States Essay

August 31, 2022

Economics Nature of the Fractional-Reserve Banking System United States Essay

Order ID:89JHGSJE83839

Style:APA/MLA/Harvard/Chicago

Pages:5-10

Instructions:

Economics Nature of the Fractional-Reserve Banking System United States Essay

Topic

Examine the nature of the fractional-reserve banking system in the United States, and discuss in detail the tools employed by the Federal Reserve (Fed) to manage the money supply. As you do so, address three of the following (and only three) assigned concepts in conjunction an assigned question:

Concept: Open Market Operations (OMOs)

Question: What is purpose of OMOs, and how does the buying and selling of US securities by the Fed influence the Federal funds market?

Concept: Discount and Federal Funds Target Rates

Question: What is the distinction between the discount rate and the Federal funds target rate? Are both rates directly controlled by the Federal Reserve?

Concept: Required Reserve Ratio / Deposit Expansion (Money) Multiplier

Question: How is the required reserve ratio related to the concepts of required and excess reserves? Also, how do changes in the required reserve ratio impact the deposit expansion (money) multiplier? Note: be sure to note the formula for the deposit expansion (money) multiplier.

Concept: Fractional-Reserve Banking System

Question: What is the economic purpose of a fractional-reserve banking system?

The key to the assignment is to demonstrate your knowledge of three of the assigned concepts. Assignments should be clearly organized, succinct, informative, coherent, and thoroughly based upon an analysis of the assigned concepts. Always keep in mind that the key to the assignment is to demonstrate your mastery of the three assigned concepts you select, the topic question(s) are included only to place your analysis of the assigned concepts into context. Don’t become overly concerned with the topic to the detriment of a detailed discussion of the assigned concepts.

Assignment Format

Section 1
Include a brief introductory paragraph comprised of a statement of purpose for your assignment – what are you going to do and how are you going to do it.

Sections 2 through 4
Here you will have a one to two paragraph section for each of the 3 assigned concepts you select. With each of your three assigned concept sections begin by first fully defining and explaining the assigned concept in your own words, only then move to apply the assigned concept in the context of the connected topic question.

Section 5
This should be a brief concluding paragraph to summarize the key elements articulated in your assignment.

Section 6
While you should define and explain your three selected assigned concepts in your own words, you should be prepared to supplement your understanding of the topic questions with research. Be sure to cite any resources used in this section.

Academic Dishonest Policy

If you do use the words, thoughts or ideas of another, you must properly cite your source (author name, publication, page number, and/or website address) and direct quotes must include the previous reference information and be placed inside quotation marks “…”, to do otherwise is plagiarism. Since I have seen this problem increasing of late, I do what to emphasize a particular point here. IF YOU COPY MATERIAL DIRECTLY FROM A WEBSITE AND SIMPLY PASTE IT INTO YOUR ANSWER WITHOUT CITATION, YOU WILL RECEIVE A ‘0’ FOR THE ASSIGNMENT. I should let everyone know that this type of plagiarism is very easy to detect by employing a Google search of any suspicious material.

Economics Nature of the Fractional-Reserve Banking System United States Essay

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.

Literature Support

91-84 points

The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.

Methodology

58-53 points

Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.

Average Score

50-85%

40-38 points

More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.

83-76 points

Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.

52-49 points

Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.

Poor Quality

0-45%

37-1 points

The background and/or significance are missing. No search history information is provided.

75-1 points

Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.

48-1 points

There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met