AP ECONOMICS: April 2 Monetary and Fiscal Policy Mix Quiz (HO) A.P. Economics Learning Target In order to understand how the money supply grows, I will.

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AP ECONOMICS: April 2 Monetary and Fiscal Policy Mix Quiz (HO) A.P. Economics Learning Target In order to understand how the money supply grows, I will learn the concept of fractional reserve banking. I will know I have it when I can: (1) ultimately determine the amount of maximum deposit expansion when given multiple amounts of checkable deposits, required reserves, and loans; (2) set up and interpret T-accounts; and (3) apply the money multiplier. --(Money Creation) --conclude Activity 4-3 (HO from last class and today) Assignment: --work on MCT #3 practice questions (HO) --watch Mr. Clifford’s videos (AC-DC Economics) MAKEUP WORK MUST BE COMPLETED BY TOMORROW AT 4:05 MCT #3—Thursday and Friday/ FRQs #6 & #7—Mon., Apr. 9th