Economics - Money and Banking - Central banking and monetary policy - The Central Bank's Toolbox
Students sort 8 actions into 'Things a central bank CAN do' vs 'Things it CANNOT do'. Can: 'Set interest rates', 'Print money', 'Regulate commercial banks', 'Buy/sell government bonds'. Cannot: 'Set prices in shops', 'Hire/fire workers', 'Build roads and schools', 'Set tax rates (that's government)'