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  • Destanee Stephenson October 31, 2018 Period 3
  • Yes.  The government is in charge of spending money and taxes while, the federal reserve handles, bonds, and discount rate. 
  • So you're telling me that the difference between monetary and fiscal policy is that the government is in charge of fiscal policy and the federal reserve is in charge of monetary policy.
  • Governments may make policy changes in response to economic conditions. Government regulation of the economy is frequently used to engineer economic growth or prevent negative economic consequences.
  • What is Texas' economy like?
  • As a sovereign country (2016), Texas would be the 10th largest economy in the world by GDP. Texas's household income was $48,259 in 2010 ranking 25th in the nation. The state debt in 2012 was calculated to be $121.7 billion, or $7,400 per taxpayer.
  • The Federal Reserve's approach to the implementation of monetary policy has evolved considerably since the financial crisis, and particularly so since late 2008 when the FOMC established a near-zero target range for the federal funds rate. From the end of 2008 through October 2014, the Federal Reserve greatly expanded its holding of longer-term securities through open market purchases with the goal of putting downward pressure on longer-term interest rates and thus supporting economic activity and job creation by making financial conditions more accommodative.
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