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How Banks Create Money

High schoolers participate in a simulation game to discover the role of banks in creating checkbook money through lending practices. They play a lending and borrowing game and use a money multipiler equation to solve problems associated with cash infusion from new reserves.

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Resource Details

Grade
9th - 12th
Subjects
Social Studies & History
1 more...
Resource Type
Lesson Plans
Duration
3 hrs
Instructional Strategy
Simulation
Included Materials
  • Project
  • Worksheet