Money, Fed Structure, Banking Functions & Services, Government Securities Potpourri
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Presentation Transcript
C1 Money
C2 Fed Structure
C3 Banking
C4 Functions and Services
C5 Government Securities
C6 Potpourri
Money Fed Structure Banking Functions & Services Government Securities Potpourri $100 $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500 $500
What Gives Something Value? 1-100 1 - 100 $100
1-100A People agree it has value 1 - 100 $100
1-200 A characteristic of money: we use it for goods and services. $200
1-200A Medium of Exchange 1 - 100 $200
1-300 A material that has been used as money because it has worldwide value $300
1-300A Gold 1 - 100 $300
1-400 The official term for our paper money $400
1-400A Federal Reserve Note 1 - 100 $400
1-500 The origin of paper money $500
1-500A Receipts for Gold 1 - 100 $500
2-100 The main body of the Fed 1 - 100 $100
2-100A Board of Governors 1 - 100 $100
2-200 The Current Chairman of the Fed $200
2-200A Jerome Powell 1 - 100 $200
2-300 This body decides to buy and sell government securities $300
2-300A FOMC 1 - 100 $300
2-400 The number of Regional Banks $400
2-400A 12 1 - 100 $400
2-500 The approximate number of member banks $500
2-500A 3000 1 - 100 $500
3-100 From whom do banks get the money it lends? 1 - 100 $100
3-100A depositors 1 - 100 $100
3-200 A “reward” for saving money in a bank $200
3-200A interest 1 - 100 $200
3-300 When all of the depositors want to withdraw there savings at once $300
3-300A Bank Run 1 - 100 $300
3-400 The major source of income for a bank $400
3-400A Interest 1 - 100 $400
3-500 A loan for a home $500
3-500A Mortgage 1 - 100 $500
4-100 The main function of the Fed 1 - 100 $100
4-100A Monetary Policy 1 - 100 $100
4-200 When the Fed routes checks for payment $200
4-200A Clearing 1 - 100 $200
4-300 The Fed redeems these for investors $300
4-300A Securities- Bonds 1 - 100 $300
4-400 The Interest the Fed Charges $400
4-400A Discount Rate 1 - 100 $400
4-500 The money that banks must set aside and not lend $500
4-500A Reserve Requirement 1 - 100 $500
5-100 Like an IOU 1 - 100 $100