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It's a Not So Wonderful Life
Source: Council for Economic Education (EconEdLink) | Type: Lesson
In this lesson students learn about banks and banking. The study the fractional reserve system, and the role the Fed plays in the money creation process.
Grades:
Concepts:
- Banking
- Central Banking System
- Money
- Money Supply
- Savers
- Supply
Standards:
- Economics 11: Role of Money
- Economics 12: Role of Interest Rates
- Economics 20: Monetary and Fiscal Policy
Related Resources:
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