Malad Call Girl in Services 9892124323 | ₹,4500 With Room Free Delivery
Fed plus changes to gdp
1. One per group
On your white boards
1. What economic activity does GDP leave out?
(multiple answers)
2. What part of the US government printed your
money? (look on a $1, $2, $5, $10, $20 bill)
2. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
US consumers spend 5% more in 2013,
than 2012 for the Winter Holidays.
3. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
US government passes $800 billion
healthcare reform bill
4. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
Mexican citizens demand 15 % fewer US
made cars
5. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
US Students learn about the benefits of
saving money
6. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
Bank business lending increases by 7% in
2013
7. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
Raul buys a used car from Jim Click
8. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
The internet is created
9. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
Americans demand 50% more Mexican
baked goods
10. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
US military invades Iran
11. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
NBA plays a game in China, afterwards
Chinese people demand more US made
basketballs
12. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
US demand for illegal drugs increase by
10%
13. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
World Demand for American timber
increases
14. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens if…
Jesse downloads a “free” app for his iphone
15. GDP = C + I + G + (Ex – Im)
Assuming everything else stays equal, what happens
if…
US Government cuts
income tax rates by 2 %
17. Federal Reserve birthday card
• Write a detailed birthday card to the Federal Reserve
System. Must include:
• The nickname of the system
• District structure and where we live
• Which birthday is this
• How does the Federal Reserve conduct monetary
policy? (IOW: how does it change the MS?)
• What would you like the Federal Reserve to do with
interest rates next year and why? Think about the parts of GDP
& unemployment
• Worth 30 points, late after 12/6
• - 5 for each part missing, -5 for sloppy/no color, -5 for 2+ misspellings
• -5 for anything unsupported. I think the Federal Reserve should…. b/c….
24. What does “the Fed” do?
Controls
Money
supply
Supplies
Money
Clears
Checks
THE FED
Sets
Reserve
Requirements
Gov’t
Accounting
Supervise
Banks
25. Why is the Chairman of the Federal
Reserve sometimes thought of as the
“second most powerful person in the US”?
• Cause: increases
interest rates
• Effect: ????
• Cause: lowers interest
rate
• Effect: ???
2014
Janet Yellen
26. Federal Reserve birthday card
• Write a detailed birthday card to the Federal Reserve
System. Must include:
• The nickname of the system
• Describe its district structure and where we live
• Which birthday is this
• Explain how the Federal Reserve conducts monetary
policy? (IOW: how does it change the MS?) (3
ways)
• What would you like the Federal Reserve to do with
interest rates next year and why? Think about the parts of GDP
& unemployment
• Worth 30 points, late after 12/6
• - 5 for each part missing, -5 for sloppy/no color, -5 for 2+ misspellings
