The Fed has control over bank reserves and complete control over the money supply

Explain the concept of consumer equilibrium

What will be an ideal response?

How does the Open Market Trading Desk conduct its operations?

A) directly with private securities dealers on the floor of the New York Stock Exchange B) directly with private securities dealers on the floor of the Federal Reserve Bank of New York C) over-the-counter electronically with private securities dealers D) by sending its buy and sell orders to the U.S. Treasury for execution