Consumer Price Index (CPI). Stagflation: CPI: List the normal rate of Normal Rate of Inflation: inflation. Write the formula for Inflation Formula: determining the inflation rate. Stages of the Business p. 353-359 Cycle Define peak, Peak: contraction, trough, recovery, expansion, Contraction: recession and depression. Recovery: Expansion: Depression: Draw a diagram to Diagram: show the stages of the business cycle. SSEMA2 The student will explain the role and functions of the Federal Reserve System. Concept Task Response Federal Reserve p. 400-401 Explain how the Federal Reserve System is structured. What is the purpose of the Fed? Monetary Policy p. 399-407 Define monetary policy. Monetary Policy: List and describe the 3 of the Fed: tools of the Fed’s a. monetary policy.
Consumer Price Index (CPI). List the normal rate of inflation. Write the formula for determining the inflation rate. Stagflation: CPI: Normal Rate of Inflation: Inflation Formula: Stages of the Business Cycle Define peak, contraction, trough, recovery, expansion, recession and depression. Draw a diagram to show the stages of the business cycle. p. 353-359 Peak: Contraction: Recovery: Expansion: Depression: Diagram: SSEMA2 The student will explain the role and functions of the Federal Reserve System. Concept Task Response Federal Reserve Explain how the Federal Reserve System is structured. What is the purpose of the Fed? p. 400-401 Monetary Policy Define monetary policy. List and describe the 3 tools of the Fed’s monetary policy. p. 399-407 Monetary Policy: of the Fed: a.
econ_review_midterm_10.31_10.31.docx