曼昆宏观经济学第怡二十九章.pptVIP

29 The Monetary System Questions What is money？ What’re the functions of money? Where does money come from? Who creates money? How is money created? Is any problem in the course of money creation? Content The meaning of the money -the definition of money -the functions of money The federal reserve system -Fed and the money supply -banks and the money supply Problems in controlling the money supply THE MEANING OF MONEY Money is the set of assets in an economy that people regularly use to buy goods and services from other people. Money has three functions in the economy: Medium