MACRO FTC

Western Governors University

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Macro FTC1 Unit 5 Study Guide Money, Financial Markets, and Monetary Policy- Western Governors University

Macro FTC1 Unit 5 Study Guide Money, Financial Markets, and Monetary Policy- Western Governors University
Exam (elaborations) • 65 pages • 2022

Unit 5: Money, Financial Markets, and Monetary Policy Introduction *Money in the Economy *What is Money The word money means different things to different people. Here are some ways in which economists do not use the word money: 1. How much money (income) did you earn last year? 2. Most of his money (wealth) is tied up in bonds. 3. It is almost impossible to get mortgage money (loans) in today’s market. 4. This country does not have enough money (productive resources) to increase both...