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:
- Flash Card Review https://www.flashcardmachine.com/2841418/x48d
- Page 407 Q&A 2-7
- Page 399 Content Vocabulary (13)
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