Slide 1 1 Chapter 2 Money: Its Nature, Functions, And Evolution ©Thomson/South-Western 2006 Slide 2 2 The Nature And Functions Of Money  Money is anything that is generally…

Slide 1 Slide 2 Money and the Monetary System Outline The definition and functions of money Measuring the money supply Financial institutions The Federal Reserve system (the…

Slide 1 Monetary Policy Unit 2.5 Slide 2 What is money?  Money is any object or record that is widely accepted as payment for goods and services.  3 Functions: …

Slide 1 Prepared by: Jamal Husein C H A P T E R 15 © 2005 Prentice Hall Business PublishingSurvey of Economics, 2/eO’Sullivan & Sheffrin Money, the Banking System,…

Slide 1 Unit 5: Lesson 1: Managing the Money Supply Slide 2 Money Its Uses and Characteristics Slide 3 Uses of Money Explained Money, as defined by dictionary.com, is: ◦any…

Slide 1 Ing. Mansoor Maitah Ph.D. Money Slide 2 The History of Money The evolution of money has passed through various stages: Barter Money - Trade without money, directly…

Fundamentals of Economics 1 Learning Outcome ⢠To be able to define the factors of production ⢠To be able to clearly articulate and define key terms such as Opportunity…

Slide 1Chapter 7 The Asset Market, Money, and Prices Slide 2 Copyright © 2005 Pearson Addison-Wesley. All rights reserved. 7-2 Goals of Chapter 7 What money is and why people…