(Answered) There are two essay questionsi need to answer both in essay

Economics

There are two essay questions.

I need to answer both in essay style format. I cannot give just a short response. They are requiring me to write an essay format reponse with a short intro, body and a quick conclusion as long as it answers the question.

Word count limit: 1200-1500 Words

It can be short and straight to the point with example.

1. Discuss how banks make money, and are structured in respect to Asset, Liability and Capital Management - give examples.

2. The theory of bureaucratic behavior indicates that the FED never operates in the public interest. Is this statement true or false, or uncertain? Explain your answer and give specific examples.

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