Fiat money isa. a type of money with intrinsic value.b. a type of money set by government decree.c. any asset used as the medium of exchange.d. any asset used as the unit of account.

If raw whole eggs of uniform size  were used as money, which of the following functions of money would be the hardest for this to satisfy? Select one: a. store of value b. unit of account c. medium of exchange d. certificate of gold

Which of the following descriptions is excluded from being a function of money? A.Group of answer choices price level, B.measurement of wealth, unit of scale store of value C unit of account medium of exchange, D. unit of account standard of deferred payment, store of value Which of the following does NOT qualify as "money"? A.fiat money b.commodity money C.the U.S. dollar D.barter Of the following descriptions, which characteristic is a true statement about money? A.Generally it doesn't have to be accepted as a means of payment. B.It must represent value. C.A government must back it. D.The CPI will increase over time. The most liquid source of money is A.M2 B.M1 C.Bartering arrangements do fast all no use chatgpt answer. D.Certificates of deposit

is an object in use as a medium of exchange, but which also has a substantial value in alternative uses.   a. Commodity money   b. Fiat money   c. IOU   d. Deposit certificate

Money as a means of payments refers only to: a. Actual currency b. Coins and currency c. Coins, currency and credit cards d. Anything that is generally accepted as payment for goods and services

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Which of the following is not a function of money?     a. Unit of account     b. Store of value     c. Medium of exchange     d. Protection against inflation

What are bank reserves?   a.Deposits that are held in the form of gold reserves  b.The fraction of deposits kept as currency that are not used for lending purposes c.The value of the owner’s equity in the bank d.The value of investments a bank keeps in excess of the value of deposits  e.The sum of all loans a bank makes to borrowers

Subtracting the value of a bank's liabilities from the value of its assets leaves its A. deposits. B. capital. C. net income. D. gross income.

1. All of the following described are attributes of Fiat money except: 1. Money without intrinsic value 2. Used as money because of government decree 3. This note is legal tender for all debts, public and private 4. Paper money backed by gold standard 1. In today's energy markets, oil prices have gone higher due to more demand and smaller supply. Due to these current economic conditions, what do you think the Federal Reserve bank governor of Dallas, Texas (energy region of economy) opinion would be on interest rates? 1. Raise interest rates 2. Lower interest rates 3. Keep interest rates the same