Multiple Choice
Aside from being a means of payment, the other functions of money are
A) medium of exchange and the ability to buy goods and services.
B) medium of exchange, unit of account, and means of lending.
C) pricing, contracts, and store of value.
D) medium of exchange, unit of account, and store of value.
Correct Answer:
Verified
Correct Answer:
Verified
Q201: The discount rate is the interest rate
Q202: Depository institutions<br>A) make profit from the spread
Q203: A medium of exchange is<br>A) an object
Q204: When the nominal interest rate rises, the
Q205: Cigarettes served as money in some POW
Q207: When the monetary base increases by $2
Q208: Suppose that you find out from an
Q209: The velocity of circulation is<br>A) equal to
Q210: Which of the following decreases the demand
Q211: Assuming velocity of circulation is constant, a