The Federal Reserve has three main tools that can be used for enacting monetary policy, including open market regulation and the discount rate. If using either open market regulation or the discount rate can have virtually the same effect, why is there concern over the Fed buying $600 billion in Treasury bonds, which is estimated to have the effect of lowering interest rates by three-quarters of a percentage point?

8. select a supreme court case that has been particularly important in protecting civil liberties in the united states. in a three-paragraph essay, describe the case and the ruling, then explain how the case demonstrates why it is important that the supreme court is: a. protected from political or public pressure (since justices are appointed rather than elected and serve lifetime terms) b. able to change its interpretations of the law over time (10 points)