Posted: September 7th, 2022
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please remember two subjects need to be addressed separately. 6.1: Money and Your Role in its Creation Participate in a discussion with your classmates regarding your role in the money multiplier process. Review the “EYE on Your Life” caption titled, Money and Your Role in its Creation, within Section 11.4 in the textbook. Discuss and describe the effect you have on this process when you pay for your late-night pizza delivery, or your other take-out food choices, using your bank debit or credit card. What is the effect if you obtained cash from the ATM to pay for this purchase? 6.2: Fed Watching Participate in a discussion with your classmates regarding the Fed’s economic conditions and trends within the Fed’s region where you reside. Review the “EYE on Your Life” caption titled, Money Holding and Fed Watching, within Section 12.1 in the textbook. Access the U.S. Federal Reserve Website (The Fed), at www.federalreserve.gov. At the Fed’s website, TYPE “Beige Book” in the Search Tool. At this page, scroll-down to the search results, select FRB: Beige Book, and review the most current “pdf” format report. Discuss and identity the Fed’s region where you reside, and briefly summarize the economic conditions and trends within your area; such as it relates to, 1) economic activity, 2) consumer spending, 3) construction and real estate activity, 4) manufacturing and transportation, 5) banking and finance, or 6) employment, wages, and prices.https://www.federalreserve.gov/
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