Problem
Which entities in the Federal Reserve System control the discount rate? Reserve requirements? Open market operation?
In what ways can the regional Federal Reserve Banks influence the conduct of monetary policy?
Why is the New York Federal Reserve always a voting member of the FOMC?
Explain the shape of the supply and demand curves for reserves.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.