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Chapter 34 Money, Banking, and Financial Institutions Chapter 34 Money, Banking, and Financial Institutions

Chapter 34 Money, Banking, and Financial Institutions - PowerPoint Presentation

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Uploaded On 2018-03-18

Chapter 34 Money, Banking, and Financial Institutions - PPT Presentation

Functions of Money Medium of exchange Used to buy and sell goods Unit of account Goods valued in dollars Store of value Hold some wealth in money form Money is liquid LO1 Money Definition ID: 655827

banks money financial federal money banks federal financial reserve savings crisis mutual firms institutions lo4 bank market loans supply

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