An Overview of Money-Commodity Money of the Car Company Fiat (933 words, 3 pages)
Money-commodity money, Fiat. Money supplycurrency in hands of publicother assetsas means of payment (demand deposits, traverler's checks, savings accounts, time deposits, mutual funds) M1currency in hands of publictraverler's checksdemand depositsother checkable deposits CUCDM2 M1savings accountsmall time deposits(M3 M2Large term deposits(not insured)institutional money market mutual fundslong term repos(repurchaseagreements, gov't securities)Long term ...
Read More