Chapter 19:  Money, Banking, and Credit

B of A - Online Banking

A.  Money
        1.  What is it and what are its functions?
 

        2.  What are its characteristics?
 

        3.  Explain M1, M2, and M3

B.  Federal Reserve System
        What is the FED up to?

        1.  Reserve requirements

        2.  Discount rate

        3.  Open market operations

        4.  Other responsibilities

C.  Banking
        1.  Explain the types of financial institutions:

        2.  Careers in Banking?  What are some?

        3.  What are some services provided by financial institutions?

        4.  What are the recent innovations in banking?

D.  Effective Credit Management

        1.  How do you get money?

        2.  What are the 5 C's of credit?