Random Fact

From 1979 to 2010, on an inflation-adjusted basis, earnings for women with a college degree have increased by 33 percent, while those of male college graduates have risen by 20 percent (http://www.bls.gov/opub/ted/2011/ted_20110722.htm). 

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
Test Your Knowledge!