The U.S. financial system has many complexities and it isimpacted by several environmental factors, including federalregulations and the economy.

Write a two to three (2-3) page paper in which you:

1.Describe how the U.S. financial markets impact the economy,businesses, and individuals.
2.Explain the role of the U.S. Federal Reserve, the Federal ReserveChairman, and Board, indicating its effectiveness in today’seconomic environment. Provide support for rationale.
3.Explain how interest rates influence the U.S. and globalfinancial environment. Provide support for explanation.
4.Describe how exchange rates may impact a business’s decision tooperate in foreign markets.
Your assignment must follow these formatting requirements:

•Be typed, double spaced, using Times New Roman font (size 12),with one-inch margins on all sides; citations and references mustfollow APA or school-specific format. Check with your professor forany additional instructions.
•Include a cover page containing the title of the assignment, thestudent’s name, the professor’s name, the course title, and thedate. The cover page and the reference page are not included in therequired assignment page length.
The specific course learning outcomes associated with thisassignment are:

•Discuss the key concepts related to money, monetary systems, andmoney supply.
•Describe the function of the Federal Reserve, its composition, andother key policy makers that influence the financial system.
•Explain the international monetary system, exchange rates, and therelated impact on international trade.
•Use technology and information resources to research issues infinance.
•Write clearly and concisely about finance using proper writingmechanics.