Fiscal & Monetary Policy
Define fiscal and monetary policy and highlight their differences.
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Use this activity as a formative assessment to see how much your students know about the Federal Reserve System before you introduce the content. To implement, ask students to find 12 different people who can give them an answer to each of the following questions. Each person they find will write the answer they know in the box and place their initials in the box under their answer. Give a small prize to the first five people who finish the activity with all correct answers and go over the correct information using the answer key.
Fiscal & Monetary Policy
Define fiscal and monetary policy and highlight their differences.
Alexander Hamilton & Central Banking
Learn about Alexander Hamilton's impact on the United States and central banking.
Making Sense of the Federal Reserve
Introduce the structure of the Federal Reserve and the basics of monetary policy.
Jargon Alert: Helicopter Money
Learn about a tool to stimulate economies and fight deflationary pressures.
Lecture Guide: How the Federal Reserve Implements Monetary Policy
This lesson teaches how the Federal Open Market Committee (FOMC) conducts monetary policy.
Teaching the New Tools of Monetary Policy
Resources for teaching the Fed's monetary policy tools in an ample-reserves framework.
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