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Step Back and Think About What You Have Learned in This

question 52

Essay

Step back and think about what you have learned in this course. What do you know now that you didn't know before taking this class? Share one example. How does this connect to Feagin's argument that most Americans are not educated about the history and contemporary reality of U.S. racial oppressions and that all levels of education need to include courses on this?


Definitions:

Reserve Ratio

The Reserve Ratio is the fraction of total deposits that a bank is required to hold in reserve and not lend out, a critical tool in monetary policy used to control the money supply.

Deposit Expansion Multiplier

A ratio that measures the maximum amount of money a bank can create with a given level of reserves.

Currency

A system of money in general use in a particular country or economic context.

Issued

Pertains to the act of officially distributing or releasing something, such as securities or legal documents.

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