Re-read the feature "Apply the Concept" in Chapter 3 around page 78 entitled "Millennials Shake Up the Markets for Soda, Groceries, Big Macs, and Running Shoes" Consider the following passage from the Problem Sets at the end of Chapter 3:From 1979 to 2015, China had a policy that allowed couples to have only one child. (Since 2016, couples have been allowed to have two children.) The one-child policy caused a change in the demographics of China. Between 1980 and 2015, the share of the population aged 14 and under decreased from 36 percent to 17 percent. And, as parents attempted to ensure that the lone child was a son, the number of male children relative to female children increased.Choose two goods and explain how the demand for them has likely been affected by China's one-child policy. Consider both the decrease in the percent of population 14 and under and also the change in the male-child-to-female-child ratio. A minimum of 350 words required. The selected tutor will be provided the e-book information.

Watch the attached video then click on the above link "The Fed " and post a response to each of the bullets below. What is the mission, or goals, of the Fed?Explain the structure of the Fed and the hierarchy of governance.Is the Fed a public or private entity? Who owns the Fed?If issuing Federal Reserve Notes stimulates the economy, why not print money indefinitely?Under what conditions would the Fed purchase securities like U.S. treasuries?How does the Fed regulate and supervise banks and why is this important?What services does the Fed provide to our country’s financial system and how did it come to be known as the “Bankers Bank”?Visit the debt clock website at http://www.usdebtclock.org/ (Links to an external site.) and locate the category M2. This is the present money supply in the hands of the public. Using a timer determine how much the money changes in 1 minute. Is it increasing or decreasing? What do you think this means for the overall economy?After you post your narrative, reply to at least two other students comments. Explain why you agree, or better yet, find others that take a different position and explain why you disagree.