By the end of this section, you will be able to do the following: Utilize the money multiplier formulate to determine how banks create money, analyze and create T-account balance sheets, evaluate the risks and benefits of money and banks.

In this chapter, you will learn about the following: Defining money by its functions; Measuring money-currency; M1, and M2; The role of banks; and How banks create money.

The Virtual Economics Web Companion for K-12 economics and social studies teachers was created by the National Council on Economic Education. A wide variety of educational materials and lesson plans can be accessed through this site....

This section summarizes the key concepts presented in Ch. 13: Money and Banking from the Texas Gateway AP Macroeconomics online text.

A workbook for children on how to save and manage their money, and how to create a budget.

This resource, created by the Federal Reserve, gives an excellent description of the money supply in the United States. It sets out to answer basic questions, describes how the Federal Reserve creates money, and explains economic...

Students learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and how the Federal Reserve uses the reserve requirement and loans to correct economic instability.

Learn about the United States Mint and how it was created by the Constitution. Details on coins the Mint has produced, its role in U.S. history, and growth.

Describes how Alexander Hamilton established the First Bank in 1791 to handle the massive Revolutionary war debt and to create a standard form of currency.