Diane de Freitas
Fresno City College
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T-Account Contest: Using Cooperative Learning to Understand Fractional-Reserve Banking and Monetary Policy part of Starting Point: Teaching and Learning Economics:Starting Point: Economics in Two-Year Colleges:Activities
Students will compete in pairs to be the first to accurately complete T-accounts for two banks, given transactions such as deposits, lending, and open market transactions. Concepts covered include bank assets and liabilities, excess reserves, money multiplier, interbank lending, open market transactions and the federal funds rate.