Economics Homework Help

5. When the FED attempts to stimulate the economy by increasing the MS, is it trying to affect Aggregate

Demand or Aggregate Supply6. Iceland imports a significant portion of goods that Icelandairs consume. The Icelandic Krona depreciated considerably against other world currencies in the banking crises of 2002. For example before the banking crises $1 cost 55 kronar, but after the banking crises $1 cost 120 kronar. How do you think it affected prices/inflation and consumption in Iceland. 7. Explain the difference between direct financing and indirect financing as it relates to financial markets and financial institutions.8. Explain: primary vs secondary markets9. Explain the difference between broker and a dealer.