Fin 307 L. Pierson Doti Fall 06 Miller and Van Hoose 3rd Study Questions Chapters 1 to 6 Money Chapter 1 1) Define money. 2) Describe the four functions of money. 3) Describe the different types of money. 4) Explain how a commodity standard works. 5)
Fin 307 S07 L. Pierson Doti
Study Questions Chapters 8-14 Financial Institutions Intro Chapter 8 1. Explain why financial institutions exist, from the point of view of the economy and from their own advantages over individual direct transactions. 2.
Fin 307 L. Pierson Doti MVH 3
Chapters 15 20
For short answer self-test, take the interactive quizzes at http:/money.swcollege.com The Federal Reserve and the Financial System Chapter 15 1. What are typical central bank tasks? Expl