Exploring Business: "Section 13.3: The Federal Reserve System"

Review Section 13.3 of Exploring Businessfocusing on the text below the heading "Reserve Requirements". Consider the following questions as you read: 

  • What are the three tools used by the Federal Reserve System to regulate the money supply in the United States?
  • How does the usage of these three tools affect you as a consumer?
  • Who is at the head of the Federal Reserve Board?