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Chapter Two

Chapter Two

Chapter Two. Goals of the Chapter. To understand what money is. To understand how we use money. To understand how we measure money. Money and How We Use It. Money is an asset that is generally accepted as payment for goods and services or repayment of debt.

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556 views • 47 slides
Chapter Two

Chapter Two

Chapter Two. Money and How We Use It. Money is an asset that is generally accepted as payment for goods and services or repayment of debt. Income is a flow of earnings over time, where wealth is the value of assets minus liabilities. Money and How We Use It.

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409 views • 34 slides
Chapter Two

Chapter Two

Chapter Two. Goals of the Chapter. To understand what money is. To understand how we use money. To understand how we measure money. Adam Smith: Invisible Hand.

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403 views • 34 slides
Chapter Two

Chapter Two

Chapter Two. Money and How We Use It. Money is an asset that is generally accepted as payment for goods and services or repayment of debt. Income is a flow of earnings over time, where wealth is the value of assets minus liabilities. Money and How We Use It.

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342 views • 34 slides
Chapter 2. Money & the Payments System

Chapter 2. Money & the Payments System

Chapter 2. Money & the Payments System. meaning of money functions of money forms of money measuring money. I. The Meaning of Money. anything commonly excepted in exchange for goods/services many objects throughout history. examples. livestock metals cigarettes grain shells.

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642 views • 33 slides
6) Financial Aggregates by the RBA

6) Financial Aggregates by the RBA

6) Financial Aggregates by the RBA. Nigel and Luthfi. What is Money Supply. $_$?. Money supply is the total amount of funds in an economy that can be used as a medium of exchange, a measure of value, a store of value and a method of deferred payment.

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131 views • 7 slides

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