1.Which of the following is not helpful in making something a good money?   Make it from something everyone values like gold.   It is widely accepted for all other goods and services.     Make it from something that wears out quickly.   Make it hard to counterfeit.

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: Nick is heading out to lunch. He goes to the bank and withdraws $30 from his savings account. He…

A: please find below the answer.

Q: what tools are used by the central bank in Jamaica to affect the money supply

A: In the case of Jamaica, the 2 main operational tools are OMOs and reserve requirements. The Bank of…

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: Could corn be used as commodity money?

A: Commodity Money: The commodity money refers to the commodities that were used as the medium of…

Q: What is money

A: Every person in a society cannot produce everything on its own. They have to exchange goods and…

Q: 1. find and cite two recent articles in a magazine or newspaper or on a website about bitcoin and in…

A: Article 1: "Bitcoin's surging price is not good news for its energy efficiency" by Timothy B. Lee,…

Q: Explain why credit cards are not considered as money.

A:

Q: An advantage that money has over other assets is that it: Answer a. Provides a higher return to the…

A: Money can be termed as a medium of exchange used for the transactional purposes of goods &…

Q: Which of the following is​ money?   A. A check is money because while it is in circulation the…

A: Deposits held by individuals in banks and other financial institutions are treated as money because…

Q: 1. All of the following described are attributes of Fiat money except: 1. Money without intrinsic…

A: ***Since the student has posted multiple unrelated questions so the expert is required to solve only…

Q: What Is  bank collections?

A: Bank is the financial institution which accepts deposits of public and makes loan to earn profit.

Q: Part I: Suppose you are a member of the Texas Legislature and you have to give your recommendation…

A: Making choices for the local distribution of a $100 million budget for various public services and…

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

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

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: Money is a means of lowering the transaction costs of making exchanges. Do you agree or disagree?…

A: Money is used in many purposes. The following are the purposes of money: Medium of Exchange: Money…

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: The federal deposit insurance corporation(FDIC) does which 3 things? a. Directly manges every bank…

A: The Federal Deposit Insurance Corporation (FDIC) is a federal agency that insures bank deposits.The…

Q: 8.Explain how you would trade your efforts for goods or services you need if the economy did not use…

A: If there is no money in the economy available the best way to trade is a barter system. To get in…

Q: How did money arise? What issues did money solve?

A: Money is the medium of exchange which is used to purchase goods and services.

Q: If raw whole eggs of uniform size  were used as money, which of the following functions of money…

A: If raw whole eggs of uniform size are used as money, they could be used as a medium of exchange as…

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: Distinguish between commodity money and fiat money

A: "Money act as a medium of exchange, store of value, a unit of account and a standard of deferred…

Q: Which of the following could not be used as commodity money A. Gold coins B. Camel cigarettes C.…

A: The US currency is not used as commodity money because commodity money is the money that also has…

Q: Distinguish between legally required reserves and excess reserves.

A: Bank reserves are the minimum cash that financial institutions must have in hand to meet the…

Q: barter system

A: In a barter system, items and services are exchanged immediately for different goods and offerings,…

Q: What is Token Money

A: Money derives its value from government regulation. Generally, money is the medium of exchange that…

Q: Why is simply counting currency an inadequate measureof money?

A: In the field of economics, money is defined as an economic unit that works as a generally recognized…

Q: Suppose that you never carry cash. Your paycheck of $1,000 per month is deposited directly into your…

A: a) Average money balance=deposit amount2 Deposit amount=$1000 So, Average money balance =10002…

Q: What is the supply, demand, and price of money?

A:

Q: One limitation of using money as a store of value is that: a) money needs to be divisible and…

A: Money is considered to be a generally accepted payment for goods and services as well as in the…