Due Tues. 1/31
1. Explain each of the 3 Functions of Money
2. Explain each of the 4 Characteristics of Money.
3. Contrast Fiat and Commodity Money
4. Identify the forms of money classicied as M1, M2, and M3 by the US Treasury.
Due Wed. 2/1
Read this article on the gold standard: https://blogs.cfainstitute.org/investor/2013/04/16/gold-and-international-reserve-currencies/
Identify arguments for and against a gold-backed currency. Find another article you believe to be useful to understanding this subject, print it, and bring it to class.
Due. Wed. 2/2
Create a properly labeled graph of the Money Market.
Identify the 3 types of Money Demand
Identify factors shifting the Ms curve and Md curve
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