Task

You and two colleagues are assigned together in a taskforce working for the Monaco government. Monaco is one of the only two countries without a central bank. The Monaco government is considering establishing a central bank. Your group’s task is to complete a 10-15 minutes PowerPoint presentation on the United States Federal Reserve System. Your finished project will presented in front of Sovereign Prince of Monaco, Prince Albert II, in two weeks. Each group member is to be given a specific role and assignment; Chairman of the Federal Reserve, President of the New York Reserve Bank, and Federal Open Markets Committee (FMOC).

