Interactive Economics Lab Chapter 14

1/ As per the tie-in material above, can money buy happiness? Explain in detail.

Economic tie-in

For a better understanding of money's effect on quality of human lives:

https://www.visualcapitalist.com/chart-money-can-buy-happiness-after-all/

2/ What is the supply of money in Canada made of? Describe it in detail.

3/ What is the Canadian financial system and how does it work?

4/ What are the main factors that contributed to the U.S. financial crisis of 2007-2008?

5/ What is the difference between a bank's actual reserves and its desired reserves?

6/ What are chartered banks?

7/ How can they make money?

8/Here are the world's money and markets at a glance. What are 5 things you have learned?

https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization-2020/

9/ Here is how Americans make and spend their money, based on age groups, at a glance. What are 5 things you have learned?

https://www.visualcapitalist.com/how-americans-make-and-spend-their-money-by-age-group/

10/ Financial instability in the US and Canada during the pandemic: What are the differences and similarities between the two countries?

https://www.bankofcanada.ca/2020/11/financial-stability-and-the-covid-19-pandemic/

https://www.brookings.edu/research/ten-facts-about-covid-19-and-the-u-s-economy/

11/ How does the US banking system work?

https://www.internationalstudentloan.com/resources/understanding-us-banking-system.php#:~:text=The%20Federal%20Reserve%20System%20is,the%20Consumer%20Financial%20Protection%20Bureau.

12/ How does the Swiss banking system work?

https://www.expatica.com/ch/finance/banking/banking-in-switzerland-100032/

https://legacy.export.gov/article?id=Switzerland-Banking-Systems#:~:text=Switzerland%20is%20one%20of%20the,private%20banking%20and%20asset%20management.

13/ Do Swiss banks bear a responsibility for global instability?

https://www.theguardian.com/news/2022/feb/22/how-swiss-banking-secrecy-global-financial-system-switzerland-tax-elite

Swiss banks' role in the Holocaust. Were the repairs enough?

https://www.swissbankclaims.com/Overview.aspx.html#:~:text=What%20has%20the%20Swiss%20Banks,in%20more%20than%2080%20nations.

https://www.swissinfo.ch/eng/dormant-accounts_how-switzerland-coped-with-holocaust-funds/44319054

https://en.wikipedia.org/wiki/World_Jewish_Congress_lawsuit_against_Swiss_banks

- Economic tie-in

For a better understanding of long-term equilibrium

https://www.youtube.com/watch?v=2eLEO4eMkbg