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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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Global _Money_and_Banking - Click to edit Master subtitle...

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