SWBAT identify key structural elements of the Federal Reserve and explain the roles that the Fed plays in the economy, as well as examine their own priorities and values to select governing goals and evaluate fiscal policy options.
Differentiate between Fiscal and Monetary Policy (including what they are and who controls each). Provide examples of ways to expand the economy and contract the economy for each policy.
You will be watching a 14 minute video called “The Fed Today.” Please complete the corresponding worksheet while viewing the video.
Review the PowerPoint below, as well as the Blue information packet in the center of your tables, then answer questions 1-3 on the worksheet provided (back of the Fed Today questions). Once you have established your goals and objectives, complete the simulation using the link provided below the PowerPoint. At the conclusion of the simulation, respond to question 4.
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