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Abstract

A survey of teachers in the Fed's twelfth district investigates knowledge about how the central bank influences the economy. Focusing on teachers from different content areas, we find that teacher knowledge, for the most part, varies as expected given different teaching disciplines. Teachers are more aware of the Fed's goal of price stability than full employment and score relatively high on questions relating to current events. As well, teachers with more knowledge were more likely to have positive attitudes about the job the Fed was doing. We recommend improving Fed communications to improve economic education for teachers and the public.

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