9 Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of value) each of the following performs in the U.S. economy. Check all that apply. Medium of Exchange Unit of Account Store of Value Plastic credit card Picasso painting Mexican peso Demand deposit Plastic credit card Picasso painting 000 Given your answers to the previous task, indicate whether each of the following is considered money in the U.S. economy. Money Yes No Mexican peso O O O

9 Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of value) each of the following performs in the U.S. economy. Check all that apply. Medium of Exchange Unit of Account Store of Value Plastic credit card Picasso painting Mexican peso Demand deposit Plastic credit card Picasso painting 000 Given your answers to the previous task, indicate whether each of the following is considered money in the U.S. economy. Money Yes No Mexican peso O O O

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1. Explain what would happen to the value of Canadian currency and short run economic performance of Canada if U.S imposes expansionary monetary policy.
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Assume you are managing a bank in a country that is holding $34 million in assets and $75 million in liabilities denominated in dollars. a. Determine the net exposure in dollars. b. Calculate the gain or loss for each currency below given last year’s spot rate and the current spot rate respectively for the U.S. $. Euro: 0.78717; 0.9048 Krone: 5.7538; 6.755 Columbian Peso: 2,535.253; 3,384.9 Mexican Peso: 16.9566; 19.3533 Dinar: .2689; .30466 Dong: 17,476.5; 23,201.52 c. Convert each of your answers in part b to current dollar equivalents.
How can a commercial bank "create" money? Select one: O a. by making loans O b. by increasing the rate of inflation O c. by issuing its own Central Bank bonds O d. by selling government Treasury bills to the commercial banks O e. by selling some of its foreign-currency reserves for domestic currency
Robert needs to decide between buying a slate pool table for $1,800 or being able to go on a Canadian vacation for $1,000 and still having enough left over to buy a nonslate pool table for $800. Robert opts for the nonslate pool table and the Canadian vacation. Robert has used money in what ways in making his decision? O A. Medium of exchange and a standard unit of account. O B. Store of value and a standard unit of account. OC. Medium of exchange and a method to decrease deferred payments. O D. Medium of exchange and a store of value.
intermediation .c O .wholesale trade d O When we examine the U.S. money supply, the smallest component of M1 is 28 J غر مجاب عطبه بعد إختر أحد الخيارات 1.00 .currency and coins a O .transaction deposits b O .certificates of deposit .c O .traveler's checks d O 29 J The relationship between the quantity of money balances demanded and the interest rate is اختر أحد الخيارات 647 100 .determined by open market operations .a O .negative b O .contractionary monetary policy .cO the reserve requirements d O
The higher are interest rates, the: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a MNY.21 Homework Unanswered Due Mar 17th, 11:59 PM b C higher the opportunity cost of holding currency. lower the opportunity cost of holding currency. the more expensive it is to buy bonds. the higher the demand for money.
1.Explain the different forms of money in today's world A. token moneyB. broad moneyC.money substitutesD.m1, m2, m3 and m4
1. When a central bank sterilizes a foreign exchange purchase, it offsets the purchase with a. an open market purchase to increase the money supply b. an open market sale to decrease the money supply c. an open market purchase to keep the money supply from changing d. an open market sale to keep the money supply from changing
Match the moneys source of value with the example