Lesson summary: banking and the expansion of the money supply
AP.MACRO:
POL‑2 (EU)
,
POL‑2.A (LO)
,
POL‑2.A.1 (EK)
,
POL‑2.A.2 (EK)
,
POL‑2.A.3 (EK)
,
POL‑2.A.4 (EK)
,
POL‑2.A.5 (EK)
,
POL‑2.A.6 (EK)
,
POL‑2.A.7 (EK)
,
POL‑2.A.8 (EK)
In this lesson summary review and remind yourself of the key terms and calculations related to fractional reserve banking, required reserves, excess reserves, and the money multiplier.