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Chapter 12: Money and Banking
The Functions of Money
The Supply of Money
What "Backs" the money supply?
The Federal Reserve and the Banking System
- Medium of exchange
- Unit of account
- Store of value
The Supply of Money
- M1
- M2
- MZM
What "Backs" the money supply?
- Money as debt
- Value of money
- Money and prices
- Stabalizing money's purchasing power
The Federal Reserve and the Banking System
- Board of governers
- 12 Federal Reserve Banks
- FOMC
- Commercial Banks
- Fed funtions and the Money Supply
- Independence of the Fed
Latest page update: made by Robert.Wang
, Mar 18 2008, 2:20 PM EDT
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Edited by Robert.Wang
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Edited by Robert.Wang
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