Economics: Multipliers and the Mystery

Students discover how money is created through fractional reserves and how the Federal Reserve corrects economic inflation or recession. They examine the principle of "magic money" which relates to the way banks lend money and hold percentages in reserve. Students use a formula to answer questions about correcting inflation or recession.

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Resource Details

Grade
9th - 12th
Subjects
Social Studies & History
1 more...
Resource Type
Lesson Plans
Duration
1 hr
Instructional Strategy
Skills Practice
Usage Permissions
Fine Print: Educational Use
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