1. MONETARY POLICY 2. INTRODUCTION BARTER SYSTEM DIFFUCLITIES Double coincidence of wantsMeasure of value 3. DEFINITION OF MONEY DEF: anything that is generally…
Slide 1TCO 7 Given the assets and liabilities of a bank and the required reserve ratio, calculate the maximum potential of the banking system to create deposits, assuming…
Slide 1Chapter 8 Money and the Banking System [Money] is a machine for doing quickly and commodiously what would be done, though less quickly and commodiously, without it.…
Slide 1 Slide 2 Money, Money, Money Money, The Federal Reserve, and Monetary Policy Slide 3 Money is… A medium of exchange that sellers will accept in the market. A unit…
Slide 1Mr. Mayer Macroeconomics Money: Definitions, Measures, Time Value + Introduction to Quantity Theory Slide 2 Money Defined Money is anything that can be used as: –…
Slide 1Chapter 13 Money and Banking 13-1 Copyright 2008 by The McGraw-Hill Companies, Inc. All rights reserved. Slide 2 Objectives 13-2 The three jobs of money What money…