1. Money and Banking Economics Section 2 2. 3 Uses of Money Money=anything that serves as a medium of exchange Medium of Exchange=anything that is used to determine value…
How well do you know your Money? How well do you know your Money? COURSE INTRODUCTION: What is FINANCE? Why Study Money? Why Study Credit? Why Study Banking? Chapter 1 NATURE…
Slide 1Unit 4: Money and Monetary Policy 1 Slide 2 Types of PERSONAL Investments Assets- Anything of monetary value owned by a person or business. 2 Slide 3 You ask your…
Slide 1Functions of Money Slide 2 13-4 The Four Jobs of Money Medium of exchange Standard of value Store of value Standard of deferred payment Copyright 2002 by The McGraw-Hill…
Slide 1Money and Banking Slide 2 Money is whatever is generally accepted in exchange for goods and servicesaccepted not as an object to be consumed but as an object that…
Slide 1Unit 4: Money and Monetary Policy 1 Slide 2 Money!!! Who is on the… 1.$100 Bill 2.$50 Bill 3.$20 Bill 4.$10 Bill 5.$5 Bill 6.$2 Bill 7.50 Cent 8.Dime 9.$1000 Bill…
Slide 1 Slide 2 Ch 13 6. Measure of Value – same as Unit of Account; agreed to measure for stating prices of goods and services Ch 14 6. Money (Monetary) multiplier Ch…