PPT-Chapter 10 Money and Banking

Chapter 10 Section 1 Money is anything that serves as a medium of exchange a unit of account and a store of value What is Money 1 Medium of exchange anything that is used to determine value during the exchange of goods and . Jacky . Mallett. jmallett@ieee.org. Fractional Reserve Banking. Quantity of Loans banks make is a function of their deposits.. Physical money is deposited at banks. Loans create additional bank deposits (money). McGraw-Hill/Irwin. Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.. Money is anything that is generally acceptable in exchange for goods, services, economic resources, or for the settlement of debts. 1791: The First Bank of the US was established to hold the government’s $$, help the government to tax, regulate commerce, and issue a single currency. 1861: The Second Bank of the US was established to restore stability and order to the monetary system.. When the US was first established it had no reliable banking . system. The history of money in the . US was . closely tied to the development of the nation’s banking . system. Instability in the banking system has contributed to business . &. Origins of . Central . Banking. Dr. D. Foster – ECO 473 – Money & Banking. Free Banking & Inflation. No government control.. No government regulation.. Entry and exit is free.. Subject only to legal requirement to pay off debts.. Money: . http://. www.econedlink.org/interactives/index.php?iid=189&type=educator. the Fed: . http://www.stlouisfed.org/education_resources/in-plain-english-video/. What Makes Money Important?. LESSON 1 REVIEW QUESTIONS. 1. . WHAT IS THE MAIN THING INVESTMENT BANKS DO?. 2. . WHAT ARE THE 7 MAJOR FUNCTIONS OF INVESTMENT BANKS?. 3. WHAT ARE THE 3 AREAS OF EMPLOYMENT – JOB FUNCTIONS?. LESSON 1 INTRODUCTION REVIEW (. kindly visit us at www.examsdump.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try. Professionally researched by Certified Trainers,our preparation materials contribute to industryshighest-99.6% pass rate among our customers. Tim . Slaybaugh. Cyber Incident Analyst. “. Vawtrak. is one of the most dangerous pieces of financial stealing malware detected…”. - . Heimdal. Security. Neverquest. Aka. . Vawtrak. or . Kumar. Banking Business. Section 6 of the Banking Regulation Act, 1949. (. i. )Business of banking is the major business of the Banking company.. (ii) Borrowing of money, lending of money, with or without security, dealing with Bill of Exchange, . Pramod. Kumar. Safe in the temple: 18th century BC. In early civilizations a temple is considered the safest place; . It is a solid building, constantly attended, with a sacred character which itself may deter thieves.. Some define money as anything acceptable I payment of goods and services or in settlement of debt. . Some say money is anything that performs the function of medium of exchange, measure of value and store of value .. Dive into the world of money and banking with this comprehensive guide. Learn about fundamental concepts, common questions, and how money shapes the economy. - Part I -. Investment Banking. . . What is Investment Banking. 20. th. century term, in 1930. th. Refer to business of helping other business creating securities. . Issuing stocks. Issuing bonds.