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L E S S O N 4
The Money Morph
Time to Teach
SLIDE 4A
Workbook This lesson corresponds to The 21st Century Student's Guide to Financial Literacy, student workbook, Chapter 4. Suggested Videos and Additional Resources Learning Markets – The Goals of the Federal Reserve (www.learningmarkets.com/the-goals-of-the-federal- reserve) (6:56) Harris, Shane, “Our Exclusive: Meet the Feds First Line of Defense Against Cyber Attacks” Magazine Archive. Foreign Policy. This is a highly recommended article about cyber-protecting the U.S. money supply. (foreignpolicy.com/2014/04/29/exclusive-meet-the-feds-first-line-of-defense-against-cyber-attacks) The Essence of How Bitcoin Works (www.youtube.com/watch?v=t5JGQXCTe3c) (5:24) AtlantaFed, Money: An Economist's Perspective – Fiat Money (Part 3) (www.youtube.com/watch?v=pqyeDJuCuEE) (5:46) Note: The Federal Reserve Bank has an excellent collection of videos and podcasts at federalreserveeducation.org explaining many difficult monetary concepts in easily understandable terms. Highly recommended. PRODUCT PREVIEW Link to highly recommended videos organized by lesson at www.c21student.com/ you-tube-lesson-links/ Materials List Computer/smartboard Webslides (www.c21student.com)
What Does That Mean? Term
SLIDE 4B-E
Definition
central bank
also known as a reserve bank or monetary authority; the institution that manages a nation’s currency, money supply, and interest rates. ECB; the central bank for the Eurozone; the ECB administers the monetary policy of the Eurozone and regulates the euro supply.
European Central Bank (ECB)
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Lesson 4 | The Money Morph
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