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1.THE MONEY SUPPLY AND INFLATION 2. QUESTION China is experiencing a serious inflation Problem. How can we explain this phenomenon?3. WHAT IS MONEY? Moneyis the set of assets…

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1. Government Macroeconomic Policy • Definition and functions of money • Money is anything that is generally acceptable as a means of payment. Money serves three separate…

Slide 1By Mr. LAU san-fat/ver 2004 CH2-Money-SV 1 CH2-Money HK Certificate of Education Examination Slide 2 By Mr. LAU san-fat/ver 2004 CH2-Money-SV 2 The Barter Economy…