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CFO10e_ch10macro10

CFO10e_ch10macro10

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Published by Thalia Sanders
MACROECONOMICS
MACROECONOMICS

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Categories:Types, School Work
Published by: Thalia Sanders on May 06, 2013
Copyright:Attribution Non-commercial

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05/14/2014

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   P   A   R   T   I   I   I   T   h  e   C  o  r  e  o   f   M  a  c  r  o  e  c  o  n  o  m   i  c   T   h  e  o  r  y
© 2012 Pearson Education, Inc. Publishing as Prentice Hall
 
Prepared by: Fernando Quijano & Shelly Tefft
CASE FAIR OSTER
P R I N C I P L E S O F
MACROECONOMICS
T E N T H E D I T I O N
 
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   P   A   R   T   I   I   I   T   h  e   C  o  r  e  o   f   M  a  c  r  o  e  c  o  n  o  m   i  c   T   h  e  o  r  y
© 2012 Pearson Education, Inc. Publishing as Prentice Hall
 
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   P   A   R   T   I   I   I   T   h  e   C  o  r  e  o   f   M  a  c  r  o  e  c  o  n  o  m   i  c   T   h  e  o  r  y
© 2012 Pearson Education, Inc. Publishing as Prentice Hall
CHAPTER OUTLINE
10
The Money Supplyand the FederalReserve System
An Overview of Money
What Is Money?Commodity and Fiat MoniesMeasuring the Supply of Money in the United StatesThe Private Banking System
How Banks Create Money
A Historical Perspective: GoldsmithsThe Modern Banking SystemThe Creation of MoneyThe Money Multiplier 
The Federal Reserve System
Functions of the Federal ReserveExpanded Fed Activities Beginning in 2008The Federal Reserve Balance Sheet
How the Federal Reserve Controls the Money Supply
The Required Reserve RatioThe Discount RateOpen Market OperationsExcess Reserves and the Supply Curve for Money
Looking Ahead

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