Random Fact

In 1990 the average price of a gallon of regular gasoline in the United States was $1.16.
In any year, it is safer to drive without distractions. Use electronic gadgets and apply make-up before or after driving. Stay safe and stay sober. 

Unit 9: Functions of Money

Introduction
Section 1: Functions of Money
Section 2: Money Supply Measures
Section 3: The United States Banking System
Section 4: Federal Reserve Tools to Change the Money Supply
Section 5: Banks' Balance Sheets and Fractional Reserve Banking
Section 6: The Process of Money Creation
Section 7: The Significance of the Federal Deposit Insurance Corporation (FDIC)
Section 8: Velocity and the Quantity Theory of Money
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