Money

Begin the chapter

Overheads

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You Need To Know

• Chapter 1. Introduction
• Chapter 2. The Neoclassical Perspective
• Chapter 15. Measuring the National Economy

• Part I. The Nature and History of Money
  1. Money: Introduction
  2. Definition
  3. Types of Money
  4. Functions of Money
  5. Early History of Money
  6. The Goldsmith Story
  7. The Gold Standard
• Part II. The Quantity Theory of Money
• Part III. The Modern American Monetary System
  1. The Federal Reserve
  2. Components of the Money Supply
  3. Decentralized Banking
     • Money Creation
     • Clearing
     • The Money Multiplier
     • The Modern Banking System: Summary
  4. Federal Reserve Control of the Money Supply
• Part. IV: Chapter Summary and Conclusion

Next Chapter: International Trade

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