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Understanding Economics
Understanding Economics: A Contemporary Perspective, 2/e
Mark Lovewell, Ryerson Polytechnic University

Money

Chapter Focus

In this chapter, you will:

Examine the functions of money, its components, and the various definitions of money

Learn about the demand for and supply of money and about equilibrium in the money market

See how money is created and consider the money multiplier




McGraw-Hill/Irwin