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1. Economics for your Classroom fromEd Dolan’s Econ BlogQuantitative Easing:A TutorialRevised March 2013Notice: A revised version of thisslideshow was posted Nov. 2, 2014.Follow…

1. MONETARY POLICY 2. INTRODUCTION  BARTER SYSTEM  DIFFUCLITIES Double coincidence of wantsMeasure of value 3. DEFINITION OF MONEY DEF: anything that is generally…

Slide 1C HAPTER 14 M ONEY AND THE E CONOMY Slide 2 © 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible…

Slide 11 The Equation of Exchange –The formula indicating that the number of monetary units times the number of times each unit is spent on final goods and services is…

Slide 1Essex EC248-2-SP Lecture 5 The Demand for Money and Monetary Theory Alexander Mihailov, 13/02/06 Slide 2 © 2004 Pearson Addison-Wesley. All rights reserved 5-2 Plan…

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Slide 1DO NOW: In 50 words or less, what is MONEY? Slide 2 THE HISTORY OF MONEY Slide 3 Video Tutorial: ECON LINKS PAGE - VIDEO TUTORIALS…Scroll down to MACROECONOMICS…

Slide 1MONEY Slide 2 3. Money with intrinsic value is called a. local money b. fiat money c. legal money d. bullion money e. commodity money Slide 3 4. The most liquid form…