Economics – 12/21/12

I.  Bellwork:  Q&A

  • Page  411 #33

II. Objective

  • Demonstrate an understanding of the Federal Reserve, its role, and the use of monetary policy.

III. Turn in Project

IV.  Extra Credit – Essay Competition

V.  Review – Reserve Requirement Practice Spreadsheet

Bank
Deposits

Required
Reserve

$ Amount of
Required Reserve

$ Bank
May Loan

Possible Maximum Increase in
the Money Supply

 $  80,000

25%

 $   5,000

20%

 $   45,000

10%

 $ 150,000

8%

 $   3,000

5%

VI.  Classwork

VII.  Chapter 14 Test


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