Financial analysis is never built on assumptions. 

The members of the Board of Governors are

What does an individual or firm expect when they make an investment?

The purpose of the Federal Reserve is to

When cash is deposited in a checking account, the reserves of commercial banks are increased.

The larger the margin requirement, the greater the proportion of a stock purchase the investor may borrow.

If deposits are withdrawn from a commercial bank, it may obtain reserves by

If an investment banker makes a best efforts agreement to sell 1,200,000 shares at $10 a share, the investment banker must sell at least 200,000 shares.

During a period of recession, the Fed sells securities.

When the Federal Reserve sells securities that are purchased by individuals, the money supply is increased.