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

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.

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