AP MACRO – 2/13/2020
I Bellwork
Summarize the article below in 6-8 sentences.
https://www.newsweek.com/trump-tax-cuts-deficit-debt-22-trillion-1331623
II. Objectives
- Describe how the Federal Reserve implements monetary policy moving the interest rate to affect aggregate output
- Explain why monetary policy is the main tool for stabilizing the economy
III. Monetary Policy and the Interest Rate – Pages 304-310
IV. Monetary Policy and Aggregate Demand
A. Expansionary and Contractionary Monetary Policy
V. Monetary Policy in Practice
A. Inflation Targeting
VI. Classwork on iLearn
31.1 & 31.2
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