Slide 1 Slide 2 13 - 1 Copyright McGraw-Hill/Irwin, 2005 Functions of Money What Backs the Money Supply Demand for Money The Money Market The Federal Reserve & the Banking…
Slide 1The Money Market & Monetary Policy Slide 2 Demand for Money Transactions demand for money to pay for current transactions. Related mostly to the level of income.…
Slide 1 FINANCIAL SECTOR 3 Slide 2 Why is the Financial Sector Important to Macro? For every real transaction, there is a financial transaction that mirrors it The…