Book Cover Economics 14/e   McConnell
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Chapter 13 - Money And Banking


Chapter 13 Web-Based Questions for McConnell and Brue 14th Edition

Chapter 13 Web-Based Questions

13-16 Web-Based Question  

Board of Governors—Create Some Trading Cards The Federal Reserve Board http://www.bog.frb.fed.us/BIOS/ provides a detailed biography of the seven members of the Board of Governors. Create "Baseball Card"-types of descriptions and photos (use your Web browser to copy their photos) of the Board members (swapping with your classmates is optional). What is the composition of the Board with regard to age gender education previous employment and ethnic background? Who are the forthcoming "free agents" near the end of their terms?

 

13-17 Web-Based Question  

Everything You Wanted to Know About U.S. Currency but Were Afraid to Ask U.S. currency is made up of coins and paper money. Visit the Federal Reserve Bank of Atlanta http://www.frbatlanta.org/publica/brochure/ fundfac/money.htm and the U.S. Treasury http:// www.treas.gov/bep/index.html to answer the following questions. What is the largest denomination note currently in circulation? What has been the largest denomination note in circulation and when was it last printed? The Federal Reserve Act requires that adequate backing be pledged for all Federal Reserve Notes in circulation. What is this backing? Who owns the notes The Treasury or the Federal Reserve? What are some tips for spotting counterfeit currency? When was the last silver dollar minted? What have been the largest and smallest U.S. coin denominations since the Coinage Act of 1792?

 

 


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