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Money and Banking Definition of money Functions of money Measures of Money in Canada (M1 & M2) Financial institutions Central Bank (i.e., Bank of Canada)
Money and Banking
- Definition of money
- Functions of money
- Measures of Money in Canada (M1 & M2)
- Financial institutions
- Central Bank (i.e., Bank of Canada) - What are the functions of the Bank of Canada?
- Open market operations - what is an open-market purchase? What is an open-market sale? How are they conducted? What impact do they have on economic activity?
- How do banks create money? By making loans which lead to deposits.
- What are desired reserves? What is the desired reserve ratio? What are excess reserves?
- What is the currency drain ratio?
- Loans & deposits
- Understand the money market
- Demand for and supply of money and the determination of nominal interest rate
- Understand the factors that influence demand for and supply of money
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Strategic Management And Business Policy Toward Global Sustainability
Authors: Thomas L. Wheelen, J. David Hunger
13th Edition
9780132998079, 132998076, 978-0132153225
