- This is an introduction to money and its functions. It explains the role of the central bank in money supply and the money creation process. Money demand and its determinants are essential to an understanding of equilibrium interest rates, when combined with a discussion of money supply. An alternative explanation of bond demand and equilibrium interest rates is introduced through a discussion of the bond market.
- Community College / Lower Division, College / Upper Division
- Material Type:
- Ohio Open Ed Collaborative
- Date Added:
- Creative Commons Attribution Non-Commercial
- Media Format:
- eBook, Text/HTML
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