1. Chapter 14Banking and the Money Supply 2. Narrow Definition of Money: M1• M1: the most narrowly defined MS– Measures purchasing power– M1= currency held by the nonbanking…
Slide 1Chapter 16 Section 2 Functions of the Federal Reserve Slide 2 Lending Money Banks often lend to each other on short-term basis In natural disaster, all banks in region…
Slide 1 Slide 2 How Banks Create Money [ MS ] MS = Currency + DD of Public Banks [thru loans] C reate M ore DD Give me a loan so there will be more DD in the system. Slide…
Slide 1392 Money Slide 2 393 What is Money? Money is any commodity or token that is generally acceptable as the means of payment. A means of payment is a method of settling…
Slide 1Chapter 12 Money and Financial Institutions Slide 2 Money and Banking The Purpose of Money- Enables people and businesses to buy and sell goods and services…
1. Chapter 19 - Cash and Liquidity Management Chapter 19 Cash and Liquidity Management Multiple Choice Questions 1. Yesterday, the president of RB Enterprises received a…
Slide 1Competency 4.02 Understand the Banking System Objective 4.02-A Analyze the roles/responsibilities of the Federal Reserve. 4.0 Understand the Role of Finance in Business…
Slide 1G. Money and Banking and How Banks Create Money 1. The process of monetary creation...an application 2. The application of the monetary multiplier H. The Federal Reserve…
Slide 1 BANKING For your Green backs Slide 2 U. S. Federal Mint U.S. Federal Mint operating bureau of the Department of the Treasury makes new coins. U.S. Bureau…