Vocab: Quizlet for this unit
Textbook links:
9.2 The Banking System and Money Creation
9.3 The Federal Reserve System
Chapter 12: Government and Fiscal Policy
12.1 Government and the Economy
12.2 The Use of Fiscal Policy to Stabilize the Economy
Readings:
Federal Spending: Where Does the Money Go – Federal Budget 101 – National Priorities Project
Videos:
Fractional Reserve Banking Explained in One Minute – with really irritating music
Money creation in a fractional reserve system – Khan Academy
Fiscal policy to address output gaps – Khan Academy
How Fiscal Policy and Monetary Policy Affect the Economy – you’ll have to create a free account.
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James Couture 