Questions like "How does the bank hold reserves?" or "How do banks make deposits?" are examples of what is explained through this banking simulation lesson plan to illustrate the purpose of the Federal Reserve.

Concepts

deposit, loans

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Additional Tags

bank accounts, borrowing money, check clearing, clearinghouse, reserves, federal reserve system

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Classroom Considerations

• Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)

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