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1. Suppose the board of the Federal Reserve votes to raise interest rates in 2021.The Chairman then decides to execute this using the Fed’s most common policy tool. Explain what the Chairman plans to do. Show or describe the steps – cause and effect – between the Fed’s action and the ultimate rise of interest rates.

2. How has high frequency trading evolved over time? Explain and provide details. (We discussed this in class, and with materials. You are welcome to use the internet to research this if you like, but list sources as needed.)

3. Summarize what good corporate governance is. Then, describe ways in which “good” corporate governance could ultimately lead to “bad” results. (Use some critical thinking. You might ask yourself questions such as: “bad for whom?” This subject was hinted at several times in class.)

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