Lecture Essentials of economics (3/e): Chapter 14 - Brue, McConnell, Flynn
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Chapter 14 - Money, banking, and financial institutions. In this chapter, we start by looking at the functions of money and the definitions of the money supply. Then there is a discussion of the factors that back the money supply. In this chapter, you will be introduced to the U.S. banking system, in particular, the Federal Reserve. You will learn about their functions and how the Fed has been set up.
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