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How does the Federal Reserve meet it's dual mandate?
FED Challenge Resources- Competitition is in Marchhttp://www.newyorkfed.org/education/fedchal.html- an overviewhttp://www.youtube.com/watch?v=jlGhs4X_vJA- Watch winning performanceshttp://research.stlouisfed.org/fred2/- helpful datahttp://research.stlouisfed.org/fred2/series/FYGFD- helpful graphshttp://www.newyorkfed.org/education/highschool/index.html - rules and requirementsHelpful Linkshttps://www.newyorkfed.org/outreach-and-education/comic-books- Federal Reserve Comic Books!Essential Questions-
Has anyone seen my money tree?
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What are the purposes of money?
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What are the different types of money?
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How does the Federal Reserve control the money supply?
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Can the FED manipulate the money supply to create long run equilibrium?
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Why do some classical montarists believe that FED policy is as ineffective as Keynesian Fiscal policy?
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What do neo- keynesians believe about the potential of the FED's power?
Graphs and Formulas-
The Velocity of Money Formula: MV=PQ
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The Money Multiplier= 1/rrr
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The Money Market Graph
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Recessionary Gap
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Inflationary Gap
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The Credit Market Graph
The Word Wall (Key Content)-
M1
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M2
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M3
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Monetary Policy
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Open Market Operations
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Government Securities
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Federal Funds Rate
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Board of Governors
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The Discount Rate
Helpful Websites -
Last Modified on November 3, 2020