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One of the functions of money is that it serves as a store of value.  In the U.S., we are reasonably confident that a $20 bill will buy the same quantity of goods one month from now as it will today.  However, it is not a perfect store of value.  Why?

A change in the monetary base

Which Federal Reserve Bank is arguably the most important one?    

Which of the following are criticisms of the Federal Reserve independence?  

What would happen if a society changed from a barter economy to a monetary economy?

The Chairman of the Board of Governors serves a ________, renewable term.

Assume a single bank in Nacogdoches fails. This might lead to runs on other banks in the area due to asymmetric information. We call this a(n)

If the Fed sells $250 million worth of its bond holdings, then reserves in the banking system   

The Federal Open Market Committee

When banks borrow from other banks, we call such loans ______. These loans are a ________ of funds.