KW_Chapter30_Lecture.ppt

1、Chapter 30 money，banking，and the federal reserve system PowerPoint slides by can er bil 2005 worth publishers，all rights reservedwhat you will learn in this chapter :The various roles money plays and The many forms it takes in The economy . how The actions of private banks，3，roles of money，A medium

2、of exchange A store of value A unit of account，4，types of money，commodity money A commodity-the federal reserve uses three definitions of the money supply 3360 m1，m2，and m3。m1=$1，368.4(billions of dollas M1 is equally split between currency in circulation and checkable bank deposits .6，monetary aggr

3、egates，The federal reserve uses three definitions of The money supply 3360 m1，m2，and m3。m2=6，510.0美元(billions of dollas Plus a range of other deposits and deposit-like assets，making it about three times as large)，7，the monetary role of banks，A bank is A financial intermediary . bank reserves are the

4、 currency banks hold in their vaults plus their depents、8、bank regulations、deposit insurance capital requirements reserves Determining the money supply、effect on the money supply of.this can be simplified to : increase in bank deposits from $ 1，000 in excess reserves=$1，000 The Money Multiplier in Reality，The the federal reserves assets and lid Open-market operations