Ch 12
Activity 35 Whats all this about the MS?. 1. What are the three basic functions of money?
Chapter 12 Money and Financial Institutions. Money and Banking The Purpose of Money- Enables people and businesses to buy and sell goods and services.
By Alice Shemi & Beatrice Magembe University of Botswana Botswana Paper presented at the IMTFI CONFERENCE for first funded researchers, 3 – 6 Nov, 2009.
CHAPTER OUTLINE An Overview of Money What Is Money? Commodity and Fiat Monies Measuring the Supply of Money The Private Banking System How Banks Create.
Chapter 5
By Alice Shemi & Beatrice Magembe University of Botswana Botswana
ECON 4100 Monetary Economics William D. Lastrapes Fall 2008.
Do Now 11/18 1.What are the 3 basic functions of money? 2.What are the 6 characteristics of money?
Activity 35
