WHAT IS MONEY AND HOW IT IS CREATED

What Is Money
     What is money and what are it's major attributes?
How is Money Created
     How is money created?
     Does an increase in money mean an increase in weath? Explain
The Fed and Money Creation
What is the Federal Reserve?
What is the difference between you writing a check and the Federal Reserve writing a check?
What is the effect on the savings of average people when banks or the FED create money?

FRACTIONAL RESERVE REDUX

HOMEWORK DUE DEC. 4TH/5TH

Chapter 16 Assessment Page 464 Questions 11 through 24. Use and underline all the vocabulary words in the political dictionary.

Taxes Discourage Production

Public Works Means Taxes

11/26 Quick Write

Does using tax payers dollars to build a light rail line improve the economy? What would Henry Hazlitt (author of Economics In One Lesson) say?

Another "Broken Window" In The News

http://www.oregonlive.com/politics/index.ssf/2012/11/post_112.html

HOMEWORK DUE NOV 26/27

Read Chapters 4 and 5 of Economics in one Lesson and answer study guide questions.

Chapter 11 Assessment questions 1-22 (Page 316)
and look for  broken  windows POTENTIAL EXTRA CREDIT

Blessings on Destruction: Seminar

Primary Question

Does war always mean the destruction of Wealth?        

Secondary Questions

Why does war almost always result in inflation?                                                                               

If Hazlitt is right, who does benefit from war and who is the “Forgotten Man”                            

How could this same argument apply to the damage caused by a hurricane?

Your Questions?

Blessings of Distruction

THE BROKEN WINDOW FALLACY

Read chapter 2 in "Economics In One Lesson" and watch the video below to answer the questions in the "Broken Window & Destruction study guide. (Resources available to the right. Read chapter 3 and answer the questions on the study guide to be ready to discuss in seminar format on Wed./Thurs.

Analyzing Political Adds: ASSESSMENT

Watch the add below and complete the following.

1. Decide which TWO aspects are most important to the effectiveness to this ad emotion, persuasion, factual claims, and cinematic style


2. Use the  rubric to analyze the ad based on these two aspects, describing your reasons in detail and rate the ad on the 1 to 4 scale for each aspect.

3. Give the ad an overall rating (1 - 4) and describe your reasons.

Political Ads

We began analyzing political ads today and will continue next week. If you were absent you can get the directions and view the ads HERE