1. Evaluate various consumer and commercial lending products and discuss a marketing plan for each.

2.From the financial institutions point of view compare and contrast direct versus indirect lending.  What benefits can an institution gain by shifting some of its resources from direct to indirect lending?

1. Explain how the Fed influences the equillibrium fed funds rate to move toward its target rate.
2. Explain why the Fed was generally so ineffective before the late 1980s.
3. Define inflation targeting and explain its importance.