Description

Please answer these questions from the outline, see the attached file and picture from the text book

Start with the textbook to get familiar with the content and progression of the lecture. Then, go to videos and supplemental articles, if provided, for further clarification and additional examples.

Textbook

Read carefully pages 685-686 and 695-698 from the textbook.

Video

Money creation

http://www.youtube.com/watch?v=pZRvja7Mvrw&list=PLF2A3693D8481F442&index=30

More on money creation

https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/macro-banking-and-the-expansion-of-the-money-supply/v/overview-of-fractional-reserve-banking

https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/macro-banking-and-the-expansion-of-the-money-supply/v/money-creation-in-a-fractional-reserve-system-ap-macroeconomics-khan-academy

Money multiplier

https://mru.org/courses/principles-economics-macroeconomics/federal-reserve-money-multiplier

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