PPT-Chapter 34 Money, Banking, and Financial Institutions

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 . Understanding Money, Banking, and Credit . 18 | . 1. Learning Objectives. Identify the functions and characteristics . of money. Summarize how the Federal Reserve System regulates the money supply in order to maintain a healthy economy. Challenges And Solutions. Marcus Stanley. Policy Director. Americans for Financial Reform. Market-mediated banking. Banking services:. Maturity, liquidity, and risk transformation.. Performed through long, complex credit intermediation chains, not single institutions.. Let’s look at some of the services offered by banks…. Savings Account. : Pays interest, has no maturity date, and from which funds can be withdrawn at any time without penalty.. Checking Account. 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.. Chapter . 20. The Money Supply . and Banking . Systems. Copyright © 2017, . 2015, 2013 Pearson . Education, Inc. All Rights . Reserved. Learning Objectives . (1 of 2). 20.1 . List the four financial functions of money, and define two key measures of the money supply.. Institutions. Private. . Financial Institution. Dollars and Sense: . http://www.youtube.com/watch?v=mV6YaTbNvvE. $7.50 Once a Week: . http://www.youtube.com/watch?v=GawH48QNDfc. Where the Money Goes: . 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?. Tim . Slaybaugh. Cyber Incident Analyst. “. Vawtrak. is one of the most dangerous pieces of financial stealing malware detected…”. - . Heimdal. Security. Neverquest. Aka. . Vawtrak. or . 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 . , . Arab. . banks. . and Iraq. Dr Estelle Brack. Economic. . and . Banking. . Conference. Bagdad, 11/01/2013. According to the IMF “Iraq’s reconstruction requires not only the rebuilding of its infrastructure, but also of its economic and social institutions and the creation of a business environment that attracts capital and brings with it new technology and skills to modernize the economy.”. Dive into the world of money and banking with this comprehensive guide. Learn about fundamental concepts, common questions, and how money shapes the economy. MODERN BANKING OPERATIONS AND SERVICES (DSE 1). 100 MARKS. 60 LECTURES . OBJECTIVE: . To acquaint the students with various financial services by the banks and enable them to understand current issues and emerging trends in modern banking... Prepared . by. Dr. Ranjit Basumatary. HOD &Assistant Professor. Department of Economics. Bengtol College. A financial system is a complex, well-integrated set of sub-systems of financial institutions, markets, instruments and services which...