'First paper money' diaporamas de présentation

Chapter 12

Chapter 12. Money and the Banking System. [Money] is a machine for doing quickly and commodiously what would be done, though less quickly and commodiously, without it. JOHN STUART MILL. Outline. In this chapter, we study the channel in circular flow diagram

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Reflections on latitudes not attitudes

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History of Money

History of Money. Lydian Coin 700-637 B.C. Chinese Note 1368-1399. Greek Coin 400-344 B.C. New York Note 1776. Silver Certificate 1886. Reserve Note 1968. The Origin of the $ Sign. P. S. S. P. $. +. =. =. The word dollar is derived from the Spanish word dolar . Our Money.

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C h 10

C h 10. Money. Money- anything that serves as medium of exchange Medium of Exchange- anything that is used to determine value during and exchange of goods and services Barter- direct exchange of one set of goods or services for another.

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