1. MCT #3—Fri., Nov. 3rd & Tue., Nov. 7th; FRQs #6 & #7—Mon., Nov. 6th
AP ECONOMICS: October 30
Warm-up: How would the three main monetary policy tools be used by the Fed to implement expansionary policy? Fed Funds Rate?
AP Economics Learning Target In order to understand how the government works to promote the economic goals of full employment, price stability, and economic growth, I will analyze monetary policy. I will know I have it when I can explain: (1) how monetary policy impacts bank reserves; (2) how the quantity theory of money (equation of exchange) is helpful when formulating monetary policy; and (3) the impact on the economy when monetary and fiscal policy are mixed together.
--Activity 4-8 (Quantity Theory of Money—HO) --Activity 38 (Bank Reserves and MP Tools Review—HO) --Monetary and Fiscal Policy Mix—Making the Connections (HO)
Assignment: --study for monetary & fiscal policy quiz (quiz is tomorrow)
--read Module 25 --watch videos at Mr. Clifford’s web site (AC-DC Economics)
MCT #3—Fri., Nov. 3rd & Tue., Nov. 7th; FRQs #6 & #7—Mon., Nov. 6th