BELL RINGER
11-3-16
Is it possible to give
everyone a job? Why
or why not?
FULL EMPLOYMENT
Level of employment when
there is little to no cyclical
unemployment
• Other three types will
always exist
• Should be between 4 and
6%
FED STRUCTURE
LESSON FRAME
We will- Describe the structure
of the FED and leadership
I will- Evaluate the changes
monetary policy has on the
economy
FED STRUCTURE AND DISTRICTS
4 year term
renewable
7 members
14 Year Term
FEDERAL OPEN MARKET
COMMITTEE
Supervises sales and
purchases of government
securities (bonds)
FEDERAL ADVISORY
COUNCIL (FAC)
Collects information and
reports to Board of
Governors about the
economy
CHAIR THE BOARD GAME
https://sffededucation.org/chairthefed
/WebGamePlay.html
Groups of 5
Elect a Chairperson
30 seconds to decide on the
Discount Rate
Winner is Chairperson that
can keep the economy most
stable
EXIT TICKET
11-3-16
Which type of
monetary policy will
counter high inflation,
low unemployment?