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All makeup work due no later than Wednesday ECONOMICS: April 29 Warm-up: Banking Basics (1:00) After watching the video clip, explain how banks put deposits to good use for the economy. Learning Target In order to understand how the government works to promote the economic goals of full employment, price stability, and economic growth, I will analyze monetary policy. I will know I have it when I can: (1) list and explain the monetary policy tools; and (2) explain changes in monetary policy on unemployment, inflation, and real GDP. --Monetary Policy Tools (follow along with lecture guide—HO) -open market operations (most frequently used) -reserve requirement ratio -discount rate Jerome Powell (Fed Chair) (1:38) Banking Mechanics & Modern Banking: A More Complex Look (3:58) Assignment --Ch. 10, 14, 15, and 16 Test Review (HO from earlier) Ch. 10, 14, 15, and 16 Test is Thursday (parts of 10-1, 10-2, 14-1, 14-2, 14-3, 15-1, 15-2, 15-3, 16-1, and 16-2) Warm-ups due Thursday All makeup work due no later than Wednesday