Join Professor Matt Hill as he walks you through the classroom slides of Day 5: " Implementing Monetary Policy: Limited and Ample Reserves " from MRU's free "Monetary Policy" unit plan. Get the unit plan here: https://mru.io/fn8

Learning Objectives:
- Define the Federal Funds rate.
- Describe the process by which the Federal Reserve influences the federal funds rate post 2008.
- Describe the process by which the Federal Reserve influenced the federal funds rate pre 2008.
- Demonstrate how a central bank can affect interest rates by using the reserve market diagram in both the ample and limited reserves regime.