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
- Stossel Essay Contest Rules-
- Up to 10 Summative points – due immediately after Christmas break
V. Review – Reserve Requirement Practice Spreadsheet
Bank |
Required |
$ Amount of |
$ Bank |
Possible Maximum Increase in |
$ 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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