Explain the Federal Reserve System, its inception, evolution, and policies. 300-350 words Directions: Use Times New Roman, 12pt font, double-spaced, 1-inch margins. Do not repeat the questions in your submission; just provided responses. Provide three (3) references Use your own wording. Must be submitted as a word document (doc, docx) — Canvas will not accept other filetypes. Must be independently researched. Must be completely free of grammatical, punctuation and spelling errors. One point will be deducted for each violation (please take it seriously).