1. Friday: MCT #3, Part 1 Monday: TW #6 (short) and #7 (long)
AP ECONOMICS: October 31
Warm-up: show the impact of contractionary monetary and fiscal policy on one LRAS-AD-AS graph and one money market graph
--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 ultimately determine the amount of maximum deposit expansion when given multiple amounts of checkable deposits, required reserves, and loans.
--Banking and Money Creation (Money Creation (through 2:17)) -begin Activity 4-3 (Banks and the Creation of Money—HO)
Assignment:
--work on MCT #3 practice questions (HO)
Friday: MCT #3, Part 1 Monday: TW #6 (short) and #7 (long)
Tuesday: MCT #3, Part 2