宏观金融学精品教学：MishkinCh03.pptVIP

Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. Chapter 3 What Is Money? Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. 3-* Meaning of Money Money (money supply)—anything that is generally accepted in payment for goods or services or in the repayment of debts; a stock concept Wealth—the total collection of pieces of property that serve to store value Income—flow of earnings per unit of time Copyright ? 2007 Pearson Addison-Wesley. All rights reserved. 3-* Functions of Money Medium of Exchange—promotes economic efficiency by minimizing the time spent in exchanging