ADM614 DQ1 & DQ2

D1

1. 1. Choose an instance from the past 100 years of U.S. history where a change in the supply of money effected the economy. Explain how it was affected, including how U.S. monetary policy and the banking system were affected.

Dq2

2. 2. As a monetarist, Milton Freidman suggested that the government should only release the amount of money into the economy that matches the GDP production. Discuss how the entire demand curve for money will adjust to the equilibrium point. Would you agree with Milton Freidman’s opinion on the ability of monetary policy to address economic problems? Explain your rationale.

Answers must have at the least 250 words, in-text citations and references in APA format