Unit 6
Role of Money/Monetary Policy
“The real minimum wage is zero.” - Thomas Sowell
Essential Questions
1) How can monetary policy by the Federal Reserve lead to economic stability and growth?
2) What are the functions and characteristics of money?
Student Objectives
1) Explain the process of money creation.
2) Describe the use and function of money.
3) Explain the structure of the Federal Reserve system.
4) How does the Federal Reserve use reserve requirements to implement U.S. monetary policy?
5) Explain how monetary policy works.
6) Explain how the timing of monetary policy can impact business cycles and key economic indicators.
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The Federal Reserve
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Fiscal and Monetary Policy | |
File Size: | 60 kb |
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EXTRA CREDIT
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