Slide 11 Chapter 5 Multiple Deposit Creation and the Money Supply Process Slide 2 2 Players in the Money Supply Process Central Bank Banks (most important: depository banks;…
Slide 1The Monetary System: What It Is and How It Works Chapter 4, Macroeconomics, by N. Gregory Mankiw, 8 th Edition ECO62ECO62, Udayan RoyUdayan Roy Slide 2 Three Main…
Slide 1Test Your Knowledge Fractional Reserve Banking Click on the letter choices to test your understanding ABC Slide 2 Question 1 Fractional reserve banking is a concept…
Slide 1MONEY AND BANKING WHY MONEY – THE “BONANZA” STORY Slide 2 SO BANKS DEVELOPED AS A SAFE AND EASY PLACE TO STORE “HARD” MONEY DEPOSIT GOLD – GET A “RECEIPT”…
Slide 1 Money and the monetary system Definition of money Money is any commodity or token that is generally accepted as a means of payment. Money is an institution human…
Money and the Monetary System Outline The definition and functions of money Measuring the money supply Financial institutions The Federal Reserve system (the âFEDâ) The…
PowerPoint Presentation MIS-REPRESENTATIONS OF MONEY IN OUR COUNTRY TODAY WHY? # I #I All money is created by our government. How often do you see the image of our governmentâs…
PowerPoint Presentation MIS-REPRESENTATIONS OF MONEY IN OUR COUNTRY TODAY WHY? # I #I All money is created by our government. How often do you see the image of our governmentâs…