Lower return than other forms of financial assets

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1. What is money and why do people hold money even though it pays a lower return than other forms of financial assets.

2. The Fed wants to reduce the money supply what are the three ways it can do that?

3. What is a banking panic? Prior to FDIC, why might a stable bank (in San Diego or Barstow) if either base were shut down be concerned?

Reference no: EM131172511

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