What carbonyl compounds give the following alcohols on reduction with LiAlH4? Show all possibilities. (a) (b) (c) (d) (CH3) CH2OH OH 2CHCH2OH
Lecture 6 The Federal Reserve System ● The Fed is the central bank the United states ● Serves member commercial banks (banker’s bank) ● Check clearing ● CONTROLS NATION’S MONEY SUPPLY ○ Reserve requirement ○ Discount rate/federal funds rate (key rate) ○ Open-market operations ● Heavily concentrated on East Coast, only one on the west (SF) ● New York is the ‘central’ ● Tools: ○ Reserve requirement ■ Percentage of its deposits that a bank must hold in cash or on deposit with the Fed ○ Discount rate ■ Interest rate at which member banks can borrow money from the Fed ○ Federal funds rate (key rate) ■ Interest rate at which commerc
