Please use this space to explain any time that has elapsed between your high school graduation and your anticipated enrollment at Penn State. Please provide a summary of why that gap occurred. If you attended another college or university during that time, please note it below and ensure that you have entered the information in the Academic History section of this application.

1. the responsibilities of the u.s. federal reserve system include overseeing the banking system and regulating the quantity of money in the economy setting the level of real interest rates working with congress to devise a financial plan for the country and execute the president's orders calculating and reporting the unemployment rate 2. to increase the supply of money when the economy is weak, the fed closes banks reduces inflation sells bonds buys bonds 3. the federal funds rate is the short-term interest rate that banks charge their best customers when borrowing banks earn on savings accounts with the fed banks charge each other when borrowing or lending to each other the fed charges banks when borrowing 4. when the fed increases the money supply and consequently lowers interest rates, the value of the dollar will rise by more in the market for foreign exchange, all else equal will fall, all else equal is not impacted by fed policy will rise, all else equal

Open opinion / / / if a juvenile committed murder, should the juvenile be in prison for life or be free and seek instead? which and why?

Which of these best describes the function of a "super pac"? a)create bi-partisan legislation that can become law b)organization meant to reign-in spending of political candidates during election cycles c)promote the interests of supreme court justices without breaking specific tampering laws d)raise funds through donations from corporations or individuals to support or oppose specific political candidates