Problem 1: Explain first what they are AND then the differences between managerial and financial accounting, and then give at least two examples of how "real world" businesses would utilize each of those and apply each of the two types of accounting.
Problem 2: What is the role of the Federal Reserve in controlling inflation? How does it perform this function? And do you believe that the United States could be facing an inflation problem in the foreseeable future? Why or why not?
Problem 3: How does the Federal Reserve control the "Money Supply" and what is it? What has the Federal Reserve DONE WELL and what do you believe the Federal Reserve could have done better since the 2008 financial crisis?