ECON 200 Final Matching
| Paid employees, self-employed, and unpaid workers in a family business. |
| Paper bills and coins in the hands of the public. |
| Balances in bank accounts that depositors can access on demand. |
| Bank capital (owner's equity) |
| The resources a bank obtains by issuing equity to its owners. |
| Fractional reserve banking system |
| Banks keep a fraction of deposits as reserves and use the rest to make loans. |
| The ease with which an asset can be converted into the economy's medium of exchange. |
| Interest rate at which banks make overnight loans to other banks. |
| Everything in M1 plus saving deposits, small time deposits, money market mutual funds, and a few minor categories. |
| Changes in the composition of demand among industries of regions. |
| Money without intrinsic value, used as money because of government decree. |
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