Money is created when  A. a depositor deposits money at the bank. B. a bank grants a loan to a customer. C. someone lends money to a friend or a family member. D. people use money to pay for stuff they buy from one another.

Q: why can't food be used as a form of money?

A: Money is anything which is generally accepted by the people in the economy and used for the purchase…

Q: Which function of money is in each of the following cases demonstrating? (1) You pay $10 for a…

A: Functions of money are as follows: Medium of exchange Store of value Unit of Account

Q: Which type of money is being used here? Explain briefly. a) Tea bricks (tea leaves pressed together)…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: Why do we permit governments to be in charge of money?

A: The economies tend to work majorly upon the basis of the working of the markets. The markets help in…

Q: Is demand deposit and current deposit at bank same

A: The bank is the financial institution which deals primarily in the accepting and mobilizing the…

Q: What is the significance of money?

A: Money is any object that is generally accepted as payment for goods and services and repayment of…

Q: How do we measure the amount of money in an economy?

A: In macroeconomics, money is important as it is used to carry daily transactions and for making…

Q: "It separated the act of sale and purchase" Which function of money is reflected in this statement?

A: We know well that money plays for important and crucial role in any Tommy of any country which are…

Q: The case talked about money, what type(s) of money islare mentioncd in the case? Bone money O…

A: Money is a resource or asset that is accepted and used as an exchange medium to buy commodities and…

Q: Using appropriate example, explain any FOUR (4) the function of money. Note: no need hand writing

A: Money overcomes the difficulties that the barter system has created.

Q: Explain the main characteristics of money?

A: Money refers to a commodity that is accepted as a medium of exchange. Generally, it is in the form…

Q: In many casinos ,a person buys chips to use for gambling.Within the casino 'swalls, customers often…

A: ANS The four primary functions of money are: Medium of exchange A standard of account Store of…

Q: What is the difference between printing money and creating money?

A: In an economy, the task of printing money is undertaken by the government. The central bank decides…

Q: Who is responsible for creating money?

A: The onus for the creation of money in an economy is upon the banks. Banks are the real money…

Q: what is the similarities and differences between money and currency

A: Money is anything that people use to buy goods and services. Currency is a physical form of money…

Q: What's the role of the money in the economy?

A: Money is something that is used to make payments for the commodities purchased or to repay the debts…

Q: mem Two 0 Foreign cumeney deposts of residents booked in Canada 2. Personal savings deposts t the…

A:

Q: In many casinos, a person buys chips to use for gambling. Within the casino's walls, customers often…

A: Given : In casinos, chips are used as money to purchase goods and services.

Q: (a) Why do households hold money? What type of bank deposits are included in the money supply?

A: In an economy, money is used as the medium to make economic activities such as buying or selling of…

Q: Question 5 A pair of shoes is worth $50. This is which function of money? O Store of Value O Unit of…

A: In an economy, money performs various functions according to the requirements of the market such as…

Q: Purpose of Metro bank?

A: The banks are considered to be one of the most important entities in each economy's financial…

Q: How does the existence of money simplify the process of buying and selling?

A: Money: It is a medium used for exchange.

Q: 1.Which of the following is not helpful in making something a good money?   Make it from…

A: From the question, the options we have area. Make it from  something everyone values, like gold.b.…

Q: What is the meaning of transfer of money

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: 6. When Karen uses money to buy her breakfast, she is showing the use of money as a unit of account.…

A: In an economy, money is used for different purposes, which explains different functions of money at…

Q: Explain the simplicity of money creation?

A: The cycle in which the financial system makes checkable deposits(CD) by loaning excess reserves. The…

Q: explain about the money creation and digital money

A: Money creation and digital money.

Q: The economy of Moneyland contains 5000 $1 bills. a. If people hold all money as currency, what is…

A: Quantity of money = Currency + Demand deposits

Q: What is legal tender money plus What is fiduciary money?

A: Money: - money is an object that measures the value of goods and services in an economy and also…

Q: To become part of the work force in the future, how would the bank and its banking system will help…

A: The workforce can be understood as the group of people who are able and willing to work in an…

Q: ays.

A: Digital money is a currency that exists purely in digital form or electronic form but not in…

Q: Function of money

A: Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular…

Q: What is money? Explain the definition in terms of the functions of money?

A: Money is anything that is generally accepted by the people in the economy and used for the purchase…

Q: a) Describe our society at present if it doesn’t use money. b) How the transactions would be if…

A: Money: It refers to the cash used by the people for doing the various transaction in an economy.…

Q: Aplia Homework: Money and the Financial System 2. A history of money At first, it might seem that…

A: It can be seen that money is evolutionary as it changed with the changing time period from commodity…

Q: What are the 3 uses of money

A: Uses of money  follows  given ,  Store of value :- worth can be save in terms of money Measure of…

Q: Explain the concept of Commodity Money

A: Money is a liquid asset used to settle transactions. It works on the basis that its value is…

Q: What is Fiat Money

A: The value of currency notes and coins is derived from the guarantee provided by the issuing…

Q: The economy of Moneyland contains 5000 $1 bills. a. If people hold equal amounts of currency and…

A: a)5000

Q: THREE (3) types of demand for money.

A:

Q: Which function of money is in each of the following cases demonstrating? (4) A restaurant manager…

A: Functions of Money are:  Store of Value Unit of Account Medium of Exchange.

Q: e Central Bank of a is prepared to rediscoun d bills held by the

A: To find : Minimum rate

Q: Answer the following:   2. Which of the following is the MOST valid assumption about money? * A.…

A: Introduction 2) The most valid assumption about money is option A) Money alters individuals…