THE MONETARY SYSTEM ETP Economics 102 Jack Wu AMERICAN QE POLICY What is QE (Quantitative Easing)? How can QE policy work? MONEY Money is the set of assets in an economy…

The Monetary System The Meaning of Money Money is the set of assets in the economy that people regularly use to buy goods and services from other people. Three Functions…

ETP Economics 102 Jack Wu Money is the set of assets in an economy that people regularly use to buy goods and services from other people. Money has three functions in the…

16 The Monetary System THE MEANING OF MONEY Money is the set of assets in an economy that people regularly use to buy goods and services from other people. The Functions…

No Slide Title 6 The Federal Reserve Copyright © 2004 South-Western Copyright © 2004 South-Western THE FEDERAL RESERVE SYSTEM The Federal Reserve (Fed) serves as the…