Random Fact

In 2015, Malaysia had a population of 30.5 million people, a labor force of 14.1 million people, and an unemployment rate of 2.9%. Its 2014 per capita GDP was $24,500, and real GDP growth rate was 5.9% (CIA World Fact Book).

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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