Discussion Post: Federal Reserve- Money Supply Curve- Real Gross Domestic Product
o Explain the major functions of the Federal Reserve.
o Discuss why the money supply curve is vertical.
o Explain the chain of events that occurs for expansionary and contractionary monetary policy to affect the long-run equilibrium level of real gross domestic product (GDP).
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.