Economics – 6/03/14

I.  Bellwork:  Q&A

Bank Deposits Required
Reserve
$ Amount of
Required Reserve
$ Bank May Loan Possible Maximum Increase in
the Money Supply
$40,000.00 12.5% ? ? ?
$25,000.00 20% ? ? ?

II. Objective

  • Demonstrate an understanding of the Federal Reserve, its role, and the use of monetary policy.
  • Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence

III.  Reserve Requirement Quiz

IV.   Discussion

V.  Chapter 14 Test on iLearn closes  Thursday @ 12:00 midnight

Know:

  • M1 & M2
  • FDIC
  • Reserve Requirement Worksheet
  • Monetary Policy Tools Expand & Contract (Fig. 14.6)
  • Tight & Easy Money Policy
  • Monetary Policy (easy a & tight) impact on interest rates
  • Figure 14.4 page 402
  • Flash Card Review  https://www.flashcardmachine.com/2841418/x48d

VI.  Classwork:


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