1. Provide an example of how US currency fulfills each of the 3 functions of money.
2. Evaluate how well US currency meets each of the 4 characteristics of money.
3. List each type of money in the US monetary system that is counted as part of: M1, M2, and M3.
4. Define Transactions Demand for Money and provide an example.
5. Define Asset Demand for Money and provide an example.
6. Copy and label a graph of the Money Market.
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