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Understanding money: Where is most of my money?

Understanding money: Where is most of my money?

This activity uses an Interactive Lecture Demonstration to help students understand the definition of money in a modern economy. Starting with the common misconception that money is coins and currency, the activity challenges this belief through a survey of student assets. Students reflect on ways in which the survey changed their understanding and consider why misconceptions about money are so common by watching videos of well-educated adults...

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