Q: In ancient Greece, why was gold a more likely candidate for use as money than wine?
A: Money is something which is has a general acceptability and is a common medium of exchange to buy…
Q: money is a concept has a certain value at a point in time. true or false
A: Money is the concept that money you have in present is worth more than the identical sum in the…
Q: Joey Espinoza has $1,000 in cash, he deposits the total amount in LegionBanc. How much can…
A:
Q: A primary feature of money is that it serves as barter value intrinsic value commodity value a…
A: In an economy, money performs various task according to the requirement of the people when making…
Q: money is a concept has a certain value at a point in time.
A: Money is the concept that money you have in present is worth more than the identical sum in the…
Q: What is included in bank supervision?
A: Answer - Bank supervision - Bank supervision is law or act under which authorities can monitor…
Q: A bank's reserves include its Multiple Choice vault cash and deposits with the Federal Reserve.…
A: Every bank is required to hold reserves by the central bank
Q: Although both deposit accounts can earn interest, savings accounts typically have higher rates than…
A: The banking industry is critical to the economy because it offers loans to businesses and…
Q: Nafisa buried money in her garden to use in an emergency. State, which of the three functions of…
A: Money is something that is accepted as payment for goods and services. It is also a legal tender…
Q: Buying a cup of coffee with a dollar bill represents the use of money as a
A: (Q) Buying a cup of coffee with a dollar bill represents the use of money as a (Q) Buying a cup of…
Q: arantees that depositors will not lose money even if th
A: Money is the main & most important ‘medium of exchange’ in an economy. Through these medium…
Q: The money in your personal checking account is counted as: A. Neither M1 nor M2 money…
A: M1 is the measure of money which includes - M1 = Cash + Demand Deposits + Deposits in Checking…
Q: What Is bank collections?
A: Bank is the financial institution which accepts deposits of public and makes loan to earn profit.
Q: Money supply can be ________ by the central bank ___________ government securties
A: The money supply refers to all of a country's currency and other liquid assets on the measurement…
Q: Small-denomination time deposits are Select one: a. considered part of near money. b. the same as…
A: A time deposit is the deposit in a financial institution which has a specific maturity period. The…
Q: When a cash deposit is made to a current account in a commercial bank, money supply will decrease.…
A: Reserves are the entire sum of money stored with commercial banks. A check-able deposit is an…
Q: Debit/credit card are considered to be Question 12 options: Line of credit M1 money…
A: Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit…
Q: A bank helps create money by loaning excess reserves True False
A: Banks are the financial institutions that carry out their ways and the types by which they can…
Q: Fiat money is accepted as money becaus?
A: The term is gotten from the Latin word fiat, and that implies an assurance by power — for this…
Q: Money is "created" when a depositor gets cash from the bank's ATM a bank accepts deposits…
A: Money is the common medium of exchange which is generally accepted in the whole country and backed…
Q: 15. Cheques, Demand Drafts are example of question 15 options: Fiat Money Fiduciary…
A: Market analysts separate among three unique sorts of money: commodity money, fiat money, and bank…
Q: If people use ketchup packets as a medium of exchange, what type of money would they be?
A: When ketchup packets act as medium of exchange then the money would be called as commodity…
Q: Views on electronic money, or e-money, and digital cash
A: Money is a medium of exchange and is accepted as payment of any product or service.
Q: Required reserves of banks are a fixed percentage of their: Select one: Loans Deposits Assets…
A: Required reserve is the amount that bank have to keep with the central bank in fixed percentage of…
Q: Currency is different from money in that currency______ A)is a note representing the worth of…
A: A currency is a:- means of payment can not be duplicated (it is illegal) currency differs…
Q: Why is money considered fungible?
A: The term “fungibility” means the sate of interchangeability. Money is a unit that acts a measure of…
Q: How does Bitcoin work? Is it legit? How do they invest in Bitcoin?
A: Cryptocurrency is known as a digital currency that is encrypted to prevent counterfeiting and double…
Q: Write the main aims of the regulations of the Depository Institution.
A: The depository institutions are the ones that are legally allowed to accept deposits. These include…
Q: Money: Only has a function of a medium of exchange represents banknotes, coins, deposits, money…
A: The need of double coincidence of wants is easily avoided by the use of money. It has removed the…
Q: Bank deposit creation is limited by reserve requirements.
A: Bank lend money as loan through creating an account.
Q: Why credit cards are not money? Explain any five points.
A: Money is any object which is acceptable legally as payment for services and goods and also for the…
Q: Depository institutions face regulations about their balance sheets True False
A: There are no regulations regarding balance sheets.
Q: All of the following are examples of savings vehicles EXCEPT Savings account Money Market Account…
A: Individuals receive income for various services provided by them in the production of goods and…
Q: A P25,000 price tag on a new cellphone is an example of money as * a. a unit of account. b. a store…
A: Money refers to anything that gets widely accepted to carry out transactions.
Q: Definitions and Explanations: Define, Compare and Contrast -Soft Money v. Hard Money
A: Soft money and hard money are used to define different kinds of currency in Economics. Soft currency…
Q: HOW MANY BANKING REGULATIONS ARE THERE in the philippines?
A: There are 4 main categories of banking regulations in the Philippines. 1)Prudential regulations.…
Q: Excess reserves are Multiple Choice O Required reserves less demand deposits. Total reserves less…
A: Meaning of Financial Assets: The term financial assets refer to the situation, under which these…
Q: A rapid rate of growth of money results in a. constant prices. b. depression. c. inflation. d.…
A: Money supply refers to the circulation of money held by banks and individuals.
Q: money supply,
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: The functions of money include the following: Note: choose up to four (4). If you check more than…
A:
Q: what is the purpose and functions of inside money transfer?
A: In Democratic government system typically, it has been observed that there is both public and…
Q: Commodity money is a form of currency in which the value of the currency comes from the material of…
A: Commodity value is the value of money which comes from commodity it's made of. Example : Gold and…
Q: Money is not a good store of value when the average price is falling. True or False
A: The store of value function of money enables people to transfer purchasing from the present to the…
Q: oney does not include _________________________ Checks against checking accounts. Debit cards.…
A: Money refers to the means of paying for something or buying something using coins or notes
Q: The money stock includes all of the following EXCEPTa. metal coins.b. paper currency.c. lines of…
A: Money stock(MS) or money supply constitute the total money in circulation. Metal coins and paper…
Q: Fiat Money or Commodity Money, which is more prone to inflation?
A: The tendency of price rising up in an economy, making the the purchasing power of money lower over…
Debit cards are considered as __________ money
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