Either

1) Define monetary policym and discuss the opeation of monetary policy in United States post – GFC.

OR

2) Given the rise of China relative to the United States post-GFC, to what extent do you think that the yuan should replace the US dollar as the dominant currency in the global financial system?

Criteria:

Word count: 2500 words excluding bibliography but inclusive of any in-text reference with a 10%

tolerance, anything over this will not be marked. Due to turnitin check, plagiarism must be less than 10%.

there must be a sub header before start of paragraph.

Referencing: Reference sources must be cited

* Allow a 5cm margin on the right hand side of page for comments, at least 12 pt font to be used.