Economics – 12/22/11

I.  Bellwork:

  • P. 400 Economic Analysis
  • P. 402 Economic Analysis
  • P. 403 Economic Analysis
  • P. 405 Economic Analysis

II. Objective

  • Identify how the Federal Reserve uses monetary policy as a means to achieve macroeconomic goals

III.  Review

IV.  Classwork

  • Page 407 2-8 Q&A
  • Pages 410-411 Questions & Answers 19-25 & 33

V.  Chapter 13&14 Quiz on iLearn closes Tomorrow @ 5:00 pm

Know:

  • Causes of Inflation
  • Types of Inflation
  • Impact of Inflation
  • Labor Force
  • Types of Unemployment
  • Monetary Policy Tools (Fig. 14.6)


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