For purposes of analyzing the money stock and its relationship to relevant economic variables,money is best thought of as
A) those items that can be readily accessed and used to buy goods and services.
B) currency only.
C) currency plus all bank accounts.
D) currency plus all bank accounts plus bonds.
Correct Answer:
Verified
Q41: The set of items that serve as
Q42: Paper dollars
A)are commodity money and gold coins
Q43: Currently,U.S.currency is
A)fiat money with intrinsic value.
B)fiat money
Q44: All U.S.paper dollars read "This note is
Q45: Currency includes
A)paper bills and coins.
B)demand deposits.
C)credit cards.
D)Both
Q47: Paper money
A)has a high intrinsic value.
B)is the
Q48: Which type of money has intrinsic value?
A)commodity
Q49: The set of items that serve as
Q50: The measure of the money stock called
Q51: Fiat money
A)is worthless.
B)has no intrinsic value.
C)may be
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