Slide 1Chapter The Monetary System 16 Slide 2 The Meaning of Money Money – Set of assets in an economy – That people regularly use – To buy goods and services from…
Slide 1Chapter 5 Money is for Lunatics Demanders and Suppliers of Money Slide 2 LEARNING OBJECTIVES Functions of money Four forms of money Money creation by the Bank of Canada…
Austrian Macroeconomics Lecture 4 The Fedâs Tools of Monetary Control ⢠Earlier, we learned money supply = money multiplier à bank reserves ⢠The Fed can change the…
Slide 1 The Federal Reserve & Monetary Policy Slide 2 Essential Standards The student will explain the role and functions of the Federal Reserve System. The student will…
Slide 1 Slide 2 Supply: banks, Fed Money ioio Federal Funds Rate Banks increase lending as interest rates rise because it is more profitable The Fed manipulates the amount…
WELFARE ANALYSIS RESERVE REQUIREMENT With Kate Eskra 1 OBJECTIVES: What will you learn? We can classify money according to how liquid it is (M0, M1, M2). The FOMC is the…
THE BIG FOUR BANKS JULY 2011 ⢠The Australian Prudential Regulatory Authority (APRA) defines Authorised Deposit-taking Institutions (ADIs) as corporations which are authorised…