Start by taking notes on the each of the unit PowerPoints (under the Unit 4 tab) . Then work through the practice below.
Definitions to know and be able to illustrate with examples.
Definitions to know and be able to illustrate with examples.
- Rate of Return (useful term for you to know)
- Bonds (critical term used to enact monetary policy)
- Nominal vs Real Interest (You already know this! Real + Expected Inflation = Nominal)
- Three purposes (uses) of money (See 4.1 PowerPoint)
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- Categorizing money so it can be measured. (See 4.1 PowerPoint)
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- Velocity of money (See 4.3 PowerPoint and 4.4)
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- Money Multiplier (See 4.3 and 4.4 PowerPoint)
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- Monetary Policy (See 4.4 PowerPoint)
- Federal Reserve System (See 4.3 PowerPoint)
- Three tools of monetary policy (See 4.4 Powerpoint)
- Loanable funds (A countries savings that are available to be loaned out.) (See 4.2 Powerpoint)
Be able to graph
- Loanable funds Market (See 4.2 PowerPoint)
| complete_q2_for_practice.pdf |
| 2006_q2_scoring_guide.pdf |
- Money Market (See 4.1 PowerPoint)
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Be able to calculate
- Money multiplier
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- Effects caused by changes to monetary policy
| complete_question_2.pdf |
| 2012_q2_scoring_guide.pdf |
