Random Fact

The Philippines' biggest import partners are the United States (10.8%), Japan (10.8%), China (10.1%), and South Korea (7.3%).

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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