Dec 1 Bus and Fin

Learning Goal: Do Good on the 3rd Common Formative Assessment. Begin the Federal Reserve Unit.

Bellringer:
Go to http://rcselements.wikispaces.com/

Students will have 10 minutes to review 4.01 and 4.02 Banking in Student Docs.

3rd block 717184081

After the CFA:
read pages 422 to 423 on the Federal Reserve and pull up 4.02 the Fed.
Students will pick one of the 12 services of the Federal Reserve
and find 3 interesting facts about their service (from PowerPoint, book, fed site Google).

Federal Reserve Services are:Supervision of banks
Agent for the federal government
Regulates monetary policy
Lends money to member banks
Acting as a clearinghouse
Participation in open market activities
Sets loan limits & standards
Supplies currency

Students will give a short 1 to 2 minute presentation of their facts.

Some students will present on Thursday and some students will present on Friday.

Miss W will finish reviewing the Federal Reserve Notes.

Read the two different view points about the Federal Reserve. Which point do you think makes the most sense? WHY? You will need to give 3 reasons. Some students will present on Thursday and some students will present on Friday.

Independent Exercise:
You decide....

For:
We have talked about all of the positive things the Federal Reserve does. There are many people, who have an opposing view point.

Against: Ron Paul is a Presidential candidate. He feels the Federal Reserve is harming the economy. http://www.opposingviews.com/i/money/personal-finance/bankruptcy/ron-paul-explains-why-federal-reserve-has-failed