In order to assist Natalie in organizing her essay, I placed on the whiteboard a timeline tracing the evolution of currency in the US,noting where and when certain currency was or was not backed by gold or silver. I then placed a definition of "fiat" on the board explaining that the term referred to a proclamation by a governing authority often having the effect of law. I then noted where and when our currency achieved value by fiat when not backed by gold. Natalie indicated that the timeline was helpful and worked on the supplemental reading material and answering the study guide questions on the history of currency and the gold standard. As the value of money today remains tied to the actions of the Federal Reserve, for homework due Tuesday, I assigned reviewing the chapter on the function of the Federal Reserve and taking a short take -home quiz (9 true/false /matching questions )on the Federal Reserve. Additionally,due Tuesday ,I assigned completing the study guide questions on the gold standard.