Macro: Unit 4.1 -- Money and Financial Assets
Hey Everyone! I'm Mr. Willis, and You Will Love Economics!
In this video, I will:
Define fiat and commodity money
Identify the various functions of money in the everyday economy
Analyze liquidity and the M-types of money
Discuss the characteristics for M1, M2, and M3, and identify the liquidity levels and
functions for each "M"
Investigate the characteristics of credit cards and must explain why they are not considered
part of the M-types of money
Compare and contrast stocks and bonds and investigate how each play a role in the flow of
financial capital through the economy
Explain how investors earn profits on their assets, including capital gains and dividends
earned on stocks, and the principle repaid and interest earned on bonds
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