ERIC Number: ED456072
Record Type: Non-Journal
Publication Date: 1998-Jun
Reference Count: N/A
Strong Dollar, Weak Dollar: Foreign Exchange Rates and the U.S. Economy.
Many generalizations sound simple enough--for example, "strong is good, weak is bad"--but they can be confusing when talking about money. This booklet explores how the U.S. dollar and foreign currencies affect each other and how their interaction affects the individual and the economy. The booklet contains the following sections: "Understanding Foreign Exchange"; "The Value of Currency"; "The 4X Market"; "Price Determined by Supply and Demand"; "Effects on an Economy"; "A Different Lesson from the '90s"; and "Stable Dollar." Contains a list of additional readings. Included with the booklet is a teaching guide that contains content questions and answers and activity suggestions. (BT)
Descriptors: Consumer Education, Economic Factors, Economics Education, Free Enterprise System, Monetary Systems, Secondary Education, Social Studies, Supply and Demand
Public Information Center, Federal Reserve Bank of Chicago, P.O. Box 834, 230 South LaSalle Street, Chicago, IL 60690-0834. Tel: 312-322-5111; Fax: 312-322-5515; e-mail: firstname.lastname@example.org; For full text: http://www.chicagofed.org/publications/index.cfm#P.
Publication Type: Guides - Non-Classroom; Reports - Descriptive
Education Level: N/A
Audience: Community; Practitioners; Teachers
Authoring Institution: Federal Reserve Bank of Chicago, IL.