Read 2: Political Economy and Development page 30 and summarize what you will find in this section of each chapter
Read section 2 of Chapter 3 (102-106) and take notes (remember Kesselman can be tricky :)
Guided reading questions:
1. What principles guide U.S. governmental decisions about economic regulation?
2. What role does the Federal Reserve play in our economy?
2a. What control does our government have over the Fed?
3. In thinking about the first question, how do regulations fit in? Do they reinforce those guiding principles or steer us away?
Due for Friday's class.
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