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Chapter 30 Money, Banking and the Federal Reserve

Author: Matthew Lonn

Questions you should be able to answer after the lesson.

1. What are the different types of money?

2. What purposes does money serve?

3. What is the formula for the money multiplier?

4. What are the different measures that the Federal Reserve uses to increase or decrease the money supply?

5. What is a bank T-chart and how do I read it?

 

Chapter 30 Notes

The Money Multiplier

Practice calculating money multiplier

The Federal Reserve