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7 Cards in this Set
- Front
- Back
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Money |
A unit of accounts |
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Barter |
Direct exchange |
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Gold standard |
Monetary system where money holds the value of gold |
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Central babk |
Can lend to other banks |
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Monetary policy |
Influences the level of gdp |
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Reserve requirements |
Amount of reserves that banks are required to keep on hand |
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Liquidity |
Something that can be converted into cash |
