Home / Series / Economics, 3rd Edition / Aired Order / Season 1 / Episode 29

Money and Banking

Economists define money as whatever serves as the medium of exchange, store of value, or unit of account. Money's various modern definitions— traveler's checks, checking accounts, savings accounts, money market mutual funds, etc.— reveal that money and the banking system are tightly interrelated.

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  • Created June 1, 2024 by
    imhotep79
  • Modified June 3, 2024 by
    Estefania Baleiron TVDB