ECONOMICS 231 TEST 4 || with Accurate Answers 100%.
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Module
ECONOMICS 231
Institution
ECONOMICS 231
money function correct answers Medium of exchange
unit of account
store of value
store of value correct answers if you place a part of your summer savings account, you are using money primarily as a
medium of exchange correct answers if you write a check on a bank to purchase a used Honda ...
ECONOMICS 231 TEST 4 || with Accurate Answers 100%.
money function correct answers Medium of exchange
unit of account
store of value
store of value correct answers if you place a part of your summer savings account, you are using
money primarily as a
medium of exchange correct answers if you write a check on a bank to purchase a used Honda
Civic you are using money primarily as
unit of account correct answers a $200 price tag on a cashmere sweater in a department store
window is an example of money functioning as a
means of payment correct answers when economists say that Money serves as a medium of
exchange they mean it is
Federal Reserve Notes correct answers the paper money used in the United States is
coins, paper currency, and checkable deposits correct answers in the US the Money supply is
comprised of
money bc the government asserts that it is correct answers fiat money is
money market deposits accounts correct answers which of the following is not part of the M2
money supply?
m3 correct answers money market deposit accounts are included in
average # of times per year a $ is spent correct answers The velocity of money is
rate @ which the federal reserve banks lend to commercial banks correct answers the discount
rate is the interest
imports correct answers foreign-produced goods and services that are sold domestically are
called
exports-imports correct answers net exports of a country are the value of
a US import an Italian export correct answers when dee a US citizen purchases a designer dress
made in Milan the purchase is
Peru's net exports correct answers the value of Perus exports minus the value of Peru's imports is
called
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