Which of the following is not one of the three functions of money? Medium of Exchange Credit for Consumption Store of Value O Unit of Account

If Tiffany redeemed a bond that earned 5% interest over the past 10 years, which function of money was BEST represented in this scenario? A. medium of exchange B. store of value C. standard of value D. unit of account

Assume that the currency-deposit ratio is 0.5, the required reserve ratio is 0.1, and the excess reserves to deposit ratio is 0.15. If the monetary base is $2 trillion, fınd (a) the amount of currency in circulation in billions of dollars (b) required reserves in billions of dollars (c) excess reserves in billions of dollars.

A space colony on the moon initially used moon rocks as currency, but they became heavy and cumbersome to use. Now most moon citizens store their rocks in a guarded storage facility and receive receipts they can trade for goods and services and/or exchange back for moon rocks at any time. All receipts stand for moon rocks actually held in storage. If there are 10 million moon rocks stored, there will be exactly 10 million moon rocks' worth of receipts circulating. In other words, the moon's currency is: (We'll use this information again in the next question.) A. commodity money B. fully backed C. legal tender D. fiat money

Use the table to calculate M1 and M2. Currency 1050 Savings deposits 5500 Small-denomination time. 1000 deposits Traveler's checks 10 Non-institutional money 800 market funds Institution-only money market 1800 funds Transactions deposits 1140 M1 = A ; M2 = = A/ (write numbers only, no commas)

8:30 1 19) Which of the following is a function that money serves? A) medium of exchange B) unit of value C) store of account D) All of the above are correct.

If an individual moves money from a money market mutual fund to currency, Select one: a. M1+ stays the same and M2+ stays the same b. M1+ increases and M2+ decreases C. M1+ stays the same and M2+ increases d. M1+ increases and M2+ stays the same

Money serves 4 functions. Which of the following is incorret a- money serving b-unit of account c- medium of exchange d- store of value

When you purchase a T-shirt for $25, money is serving which function?     Medium of exchange   Standard of deferred payments   Store of value   Unit of account

If you transfer all of your currency to your checking account, then initially, M1 will and M2 will O increase; not change O not change; increase O not change; not change decrease; increase