Global _Money_and_Banking

Global _Money_and_Banking - Click to edit Master subtitle...

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Unformatted text preview: Click to edit Master subtitle style Money and Banking Money Money, Money, Money! Portable Divisible Durable Stable Exchange medium Store of value M-1 Spendable Money Currency Government issued paper money and coin Demand deposits Non-Bank Travelers Checks Other checkable M-1 and M-2 Time deposits Money Market Mutual Funds Savings Deposits Large time Deposits Institutional Money Market Funds Repurchase Agreements Eurodollars Financial Institutions Commercial Banks Accept deposits & makes loans Invest in Securities FIDC Federal Deposit Insurance Corporation National banks State banks Savings & Loan Associations Mutual Savings Bank Credit Unions Financial Services Firms Saving and Loan Associations Deposits used primarily for mortgage loans. Mutual Savings Banks Depositors are owners sharing in the profits. Credit Union Accepts deposits and The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by confidence in the U....
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This note was uploaded on 04/29/2010 for the course PSYCH 85 211 taught by Professor Theissen during the Spring '10 term at Carnegie Mellon.

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Global _Money_and_Banking - Click to edit Master subtitle...

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