1) Describe the main functions of Federal Reserve Chairman, U.S. Federal Reserve, and Federal Reserve Board. Point out effectiveness of each party in today’s economic environment. Give support for your description.

2) Describe two methods of interest rates which influence U.S. and global financial environment. Give at least one suitable ex of such influence for both U.S. financial environment and one appropriate ex for global financial environment

3) From first e-Activity, choose one economic system, and consider degree to which environmental forces within that economic system in query have helped or delayed globalization efforts of companies operating under that system. Provide your response with at least two detailed exs that show the impact which such environmental forces have on globalization efforts within your selected economic system.