Economics 1/13/13
I. Bellwork: Q&A
Bank Deposits |
Required |
$ Amount of |
$ Bank May Loan |
Possible Maximum Increase in |
$40,000.00 |
10% |
? |
? |
? |
$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 Wednesday @ 7:20 am in the morning
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
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