Ecoomics

Homework due Tuesday, December 1

Economics in Our Times, pp 282-289 (ALL pages)

         Understand Exhibit 11-4, p. 287

         Know the formula p. 288

Write answers to Learning Check p. 289, #1, 2, and 3

Terms

      Total reserves

      Required reserves

      Reserve requirement

      Excess reserves

Economics

Homework due Monday, November 30

Economics in Our Times, Chapter 10 Review, pp 273-274

Build Your Economic Vocabulary, p. 273

Write answers to Review Questions # 1-3, 5-7, 9-12

Economics in Our Times, pp 278-282 (including p. 280)

Complete the webquest:  Structure of the Federal Reserve System

Economics

Homework due Tuesday, November 24

Economics in Our Times, pp 264-265, 270-271

Terms:

      money supply

      currency

      Federal Reserve note

      demand deposit

      near money

Write answers to Learning Check p. 271, 1-4

Economics

Homework due Monday, November 23

Economics in Our Times, pp 261-263

Research and write answers to the following questions: (of course NO Wikipedia OR Answers.com).  Site your sources:

      1.   When did the U.S. go on the gold standard in its domestic economy?

      2.   How and when did the U.S. go off the gold standard, domestically and internationally?

            Describe the two stages.

            Hint:  Franklin Delano Roosevelt and Richard Nixon

      3.   What were the circumstances surrounding the decisions in Question 2?

Economics

Homework due Thursday, November 19

Economics in Our Times, Chapter 8 Review, pp 222-223

Build Your Economic Vocabulary #s 2, 3, 4, 6

Write answers to Review Questions # 4-9

Economics in Our Times, Chapter 9 Review, p. 250

      Write answers to Review Questions # 1, 2, and 4

Economics

Homework due Wednesday, November 18

Economics in Our Times, pp 226-230, 233-234

Write answers to Learning Check p. 234, # 1 & 2