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Chapter 14 Study Guide (password: chapter)

14.0 Introduction to Money and Banking

14.1 Defining Money by Its Functions

14.2 Measuring Money: Currency, M1, and M2

14.3 The Role of Banks

14.4 How Banks Create Money

Practice Problems

Answer Key

Problem 1

Problem 2

Problem 3

Problem 4

Problem 5

Problem 6

Problem 7

Problem 8

Problem 9

Problem 10