Reference
un 1 Gos ty & Cys BR Halen (4
functions Bf Money
1) Mectium eh Exchange ly 31%?
’ 4
2) Une of; Account
3) store eh vawe:
dhe defines on of aves Suppl atianching Lo
Oru lather
banuiug Cygrere 5 dy sum of cash iM
comment Bane cepotn-
Gnd
Nowey supp = Crh iM Gnutetion +
Commeal bane dleposits »
Commeutal bat oleposi #5
re
Droynomel
deposits Time deposits:
Qomamd deposit ~ Cheating freepunts oy dtmand
dlepost 5 ana these obligation vahide ere nok
puncated oth Ory imine tegmental
nade awiala ble by dram ond accepted by
fra Public oD om manny of erchange -obigeHore of th, |
whign
nu tnose
Anpoits - dheae ov
and
after Some
; 3, payed
bane ap which ivRAer 4 rey
ir
Gn be made avulate fe the cepos!
clelay and noh® +
Qriving force
JW
tutte m [gob
cel Mon .
Chedkng — peeannis
Money — She alistinchin of Mow Com also be
done in rams of Commodity amd Ton
Commodit
- Db rufem to thar medium of
Reh ants which he “Y> own Fndheik Value oy
Commodity « bere, ord beyond “Uo Oqpined —youtue oy
Cxchange rakiums C Expmple: Prresious Metata)»
10 ken Money Tubern to that Medium Ab exching
| Lorien Lady Omy increase 1 value amd inMled
vouwe tw dlerivet vom the buck, that Uy
Accopred in Crchamge frm other gorda
DEMAND FoR Money
\ Holding MoMay Rawrerne .
i) The Ex islenes ob Time
@ tw Lncerrasin — of EON — condlitimy,
ake Mowves ub hei Mons gre;
iy a
YY Thomactnn Merive a> >
BD MRewwive parvo PAMVOMY Hove4) Wremsachon — Motive Pardede
ty Med ooh
Quy nchveniazaion oly
Crem dire Raopla, wand not damend Moray do nord
Jromauton Purpose
De Her evewone Jey ote fel age ak Hee end ob each
day yom uiurha almose a Peter coin dents laztureosn
amd ex gondituxe - Bur dag 1D yariou? technol
Treniprs
amd imietional resrows Mare 1S aways a Aime Jeb
Lean Teapts amd — paymants - Since rwuphs fallin Pla
oe Pruadeberminad intervals in Lime *Céxample weauay &
Monthly ee) GWE exeendéHuo Oe made contimiously dasang
Heb Bene wntenvad Bypicad wooge Cen
Lioncery Ui haan to Ral Soma Monay Le ridge tras
gar: dre Amoonr af Mornay typical tndividealo or howahdd |
yidoun Fo rat FO Covet tee CSF ehy Purchane fy
jrrerwate Dakweam reapts hh Gad te unarho Be Mou2 one Atta
Pransachon olomamnd fi “d 1 31>)
| coh balances dependent on
he Level oh Mey
i “jhe
te Aroquueney of Say raents » Keeping oul
ioe ye
things constant y
wn AL, PAA
where Ty
whakeuen feegistonad oH Copan -
as tewrincora fer conounuve 4% nthe Same od co
Rxpenditost Sor “Se hme
BH foulows thar the hehavioue of Te Car
balancer of te rm wit be the Maurer vmaga
oh Anak of re Covnumunn +
Be Hing Zan the hou Puy our to Individual
wives form oh Wate and Salons gmd Lhus tne
cach palenar alla dp Zoro, AS Comominn Sreots
Parchasesy Gols from the Fame Phew cane
falamen — duetinn om ak “Le Somme “Kine UA Gry
hatenere of te fom Frereane OF Akt Some curount
Ar the end of Tre Payment oh Pértod Ane
Coon __ balances of the Coroumenn — hetiny Yo tere
colerens Wwe oh He firm teachin oo Manotmuin
load = dooo fn dae Peg
" Thun ok any forme of
Him me Fond demand bor Moray fer tren
: aon
| ferpoe b earot Jo dae Sum 44 Cooh balemess of
Hes bende the Baoumens ama the 4
Tomy) | Vt: i
f~ | ~ ff eg ~
ects
Time Peniod
Balance oh The Howerm old
Y coh
SFigsn,
Deg Goh
Blam cor +
“Tieme Paniod »
me teak fee ourput of tHe
arnount Yee Hx"
do eongornert purchase) , WR
damamd berm Meng
vows
towniquanty Uy we Asse
Eronommy 8 eset fo The Tora
Producad , Ks
Gee trot Hee ceneny
(nequicct BOVIS to cee
san anon 08 9
Nakons
nO" arizational Strudie ols.
irene) [AE Sas]
preertee F (fs.
pont es yee hy
,
ou
for
ation B
Sapation 1 apres Mme nomi amend per Mowty
trommantion — Purpose 7 & fondion oh NIGP Gowent
Price: We Shalt Assume tak thin Funcom Ruatiow
we
tg ona ah Rxaperteneity Sieh ae ML ery nied
roof eaex i te ee
eye paerortiensty «Ly uw
y Staats fe fatter ker
. mum
a Positive numer ( ’
hewcem Zee and 4 ik >
- , pen (ceerenne
rem eas we Can Say Mitd iwerennts ya,
= ‘ (deerearne) 1 We fy
Tasatr oh Mea an ines 6 )
lacek Gud for Real yew pftewet)
ey-e Cos Gel]
Ue) eatin
J
(rude
0 ea
Y > owpur - eis
Ayes. ayatim 3 HW Raprmotel vw By Figs
Dh Hee Faker of Prv0Paitenadichy 1G
amd nraal Intoma Fwmaly Conitemt an irene
tm Bhe vie, duck fy Corian pore
ww be accompanied
Pronanae in fhe ro oe fan Ghel Pcentege
ca rm command for Jasmtiy 6%
Jromsasion Purposer She dorm & bh thar
pina tae volume — of Goods und ervicen Lo be
ramnrusted pramaion “tre: Same amd Since the price fusel Inert,
tr fpttows thar fhe eeonornys will Neo Bropottmaliy hier
hatamese to ebheer bromsactiong.tne
tal “Tray
9 Cettrin pansbua
ys, bance Oh haa, Vatony bongnn ihe bale
,
Noeewenny 19 attomendele Rt Stamantion
= yaar Money
a grat Of TRE selatin Berean Meat /P ame yp brem Ah
pty indicated, in HGS
ai Postion uyy te WIN w jnditesed, in 1°
ty chorenttassed by Tht
Hel: Nationals. Prredant (ane)
js i ™ Sarma vowme of
Fhe “e taant deamemnd for Money en Dumnufor Pageer-
ins
gece LE LY Frat
gh Shut
she_trsoangne
for rota Movey bere Brom te
duvet to colnet unworse events m” wertto Tale
gosemag 2 Fakure Oppesenther ' Qin money sed ob
Mame of Fpamaabon:, 1 jeer ca Mature of
Cormenctraunte rect povdes a. Marten ¢f Fionieisty i
a Srey pee aay, adwarntegt
Yyanious eves THA appa bn fa Monier + 5. cam be
se vncereoidl a rage
Yan Pra uerronery
gre precaurionery movie
arguasa Wt great
war be
Fun Opens re
eee Spe.
Bareens For MOY o
ps ia one oh any revel good the Oumaunt
oh muy dumamsad — [yr Praeuntionsrny Parposer
wah Vow aimty cotta the Wnteme oy sa &
Op oh qe in dividval Cronemic ynits ae
y Trendy navel Wile Tre cost ob goooe: ge
Conve ime amb Security Poo vidal by potainy of Sh
balances agent the bak trae ¢dle Meany Ty The
apVarts of a brim downot @rm amy Ser |
alHonaKur sen Cam Providlo + IN OWan Word, |
hotai ng ah Cosh balances jmplhts an a
Coser wohttn Cam br enpremod in THe Gown os ie,
“t,
dhereyars ¢ hens exists an Invenere TataHonghig
fe
erator the Manet nak of Unt onck
Precant enon lamand ber Money’,
1 Mo. ow 9
Pd Num | Scata of ORaratt on
D) Med & 1
lost «
d= F (TD ( Say )
= FUnn ep)