1. MONEY, BANKING AND THE FED

2. FUNCTIONS OF MONEY MEDIUM OF EXCHANGE UNIT OF ACCOUNTING STORE OF VALUE

3. CHARACTERISTICS OF MONEY DURABLE PORTABLE DIVISIBLE STABLE SCARCE ACCEPTED

4. TYPES OF MONEY COMMODITY MONEY REPRESENTATIVE MONEY FIAT MONEY

5. MONEY VS. NEAR MONEY

6. MONEY CURRENCY CHECKS CREDIT CARDS DEBIT CARDS

7. NEAR MONEY VALUE IN TERMS OF MONEY LIQUIDATE EASILY

8. TYPES OF NEAR MONEY SAVINGS ACCOUNT CERTIFICATES OF DEPOSIT MUTUAL FUNDS

9. M1 SPEND IMMEDIATELY – BILLS – COINS – CHECKS

10. M2 = M1 + near money

11. BANKING SERVICES CHECKING SAVINGS SAFE DEPOSIT BOXES TRANSFER MONEY OVERDRAFT CHECKING SERVICES CHARGES

12. BALANCING A CHECKBOOK

13. The FED JANET YELLEN, CHAIRMAN OF THE FEDERAL RESERVE

14. FUNCTIONS OF THE FED CONSUMER PROTECTION CHECK CLEARING GOVERNMENT’S FISCAL AGENT SUPERVISE MEMBER BANKS SET RESERVE REQUIREMENT SUPPLY CURRENCY REGULATE MONEY SUPPLY

15. STRUCTURE OF THE FED BOARD OF GOVERNORS FEDERAL OPEN MARKET COMMITTEE FEDERAL ADVISORY COUNCIL FEDERAL RESERVE BANKS MEMBER BANKS

17. TOOLS OF THE FED RESERVE REQUIREMENTS DISCOUNT RATE OPEN MARKET OPERATIONS