When refering 'simple specie currency' one is refering to: Select one: a) The same currency  in various countries b) A policy of increasing a certain monetray standard in cirrculation c) A policy of deccreasing a certain monetray standard in cirrculation d) Various currencies in one country e) The various currencies in the world

Q: Assume that the quantity theory of money and relative PPP both hold. Output growth is 3% in the U.S.…

A: Purchasing power parity is a method of comparing the absolute purchasing power of currencies by…

Q: Which function of money is carried out when we use the U.S. dollar to compare the relative values of…

A: Money serves the following functions; Medium of exchange; Money is accepted as a medium of exchange,…

Q: The M2 money supply rose significantly during the COVID-19 pandemic emphasizes the medium of…

A: M2 measure of money supply includes all currency in hand with the people, checking deposits, and…

Q: Find the value of an at the money option to buy €12,500 for £10,000. In the next period, the euro…

A: In the  world of finance , options play a crucial role in providing investors with the  opportunity…

Q: The Value of M1 is $16,000 and M2 is $20,000 Find the value of savings deposit with post office…

A: According to the above given question, the values given are:- M1 = $16,000 M2 = $20,000  We have to…

Q: Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of…

A: Money in simple terms serves the purpose of the medium of exchange in the economy. It is…

Q: why did the people of Germany not accept Mark as their currency in 1923?

A: During this period of wars, the impact on the economy is negative.

Q: what are the effects of a monetary expansion under COVID-19 conditions ?

A: Due to covid 19 recession has taken place.Therefore government are opting for monetary ecpansion…

Q: demonetization

A: Demonetization refers back to the technique of discontinuing the use of a specific forex unit,…

Q: Did you hear about bitcoin? Will the development in these other forms of money reduces the demand…

A: Yes, bitcoin is a type of cryptocurrency.

Q: Assume that the currency-deposit ratio is 0.5, the required reserve ratio is 0.1, and the excess…

A: We have been given that:- Currency deposit ratio(CD)=0.5 Required reserve ratio(RR)=0.1 Excess…

Q: Why USD considered to be a world class currency and dealt with globally instead of Russian ruble or…

A: In the international market, when countries make an exchange of different goods and services, they…

Q: Economics After falling in half from 1947 to the 1970s (around 10 percent to 5 percent), the share…

A: A financial crisis refers to a significant disruption or collapse in the financial system of a…

Q: Give 3 advantages of using checks to pay for goods and services instead of physical coins and…

A: Answer - Advatages of using check - 1. Easy to carry - The checks are much easier to carry compare…

Q: "U.S. dollar maintains its value over the last year" is an example of which function of money?…

A: Money is a widely accepted medium of exchange that is used as a store of value and unit of account…

Q: Which of the following is not counted in​ M2?   A. U.S. Savings account balances   B. U.S. Checking…

A: M2 = M1 + saving deposits with banks M1 = Coins and currency in circulation +checking account…

Q: uring the year 2018, the following information was reported by the Serbia (Thousands USD): Exports…

A: Balance of payment account is the account that is used by a country to record and manage all the…

Q: State three ways in which a government can influence the value of its currency. For each, state…

A:

Q: ► Money and Banking • What is money • Money creation: banking system, Central Bank, Money multiplier…

A: Money Money is a medium of exchange that is widely accepted in transactions for goods, services, or…

Q: For a country to be on a "gold standard," it must A) use gold as fiat money. B) use gold coins as…

A: The gold standard is a monetary system in which the value of a country's currency is directly linked…

Q: What is the fundamental difference between commodity money and fiat currency?     commodity money…

A: Answer: Commodity money: commodity money is made of metals so it possesses some intrinsic value.…

Q: 142.) Currency (C) =  800 Reserves (R) =  400 Deposits (D) = 1600   What is the value of the…

A: Currency-deposit ratio depends on the preferences of the house hold.

Q: Assume an economy produces only two goods ( shoes and computers ) with a fixed amount of productive…

A: Production possibility frontier represents all possible combination of two goods that an economy can…

Q: Calculate M1 if:- Currency with public = $23,000 Demand deposit = $11,000 Other deposit with RBI…

A: The data presented in the question above:- Currency with public = $23,000   Demand deposit = $11,000…

Q: Which of the following is a function of money? a. a unit of account b. medium of exchange c. a store…

A: ANS: d.All of the above are correct     Money has various functions they can be broadly classified…

Q: Suppose that company A has an asset worth £10 million yielding an interest of 7%. Suppose that A is…

A: A currency swap is a financial derivative device wherein parties comply with exchange cash flows in…

Q: - Which of the following is not a function of money? Medium of exchange Unit of Account Resource…

A: Money has three essential capacities. It is a mechanism of trade, a unit of record, and a store of…

Q: If the nominal GDP is 1000 billion euro, and on average every euro is spent 4 times a year, the…

A: According to the equation:-  M V = P Y  Now here the M stands for money supply in the economy  V…

Q: What are the functions of money?

A: The functions of money are: 1. Store of value 2. Medium of exchange  3. Unit of account 4. A…

Q: M1 includes currency, checkable deposits, and traveler's checks, but M2 does not include M1 in any…

A: False. M2 includes M1 along with savings and time deposits,  money market funds and certificates of…

Q: Suppose the central bank of Mexico is pegging its currency, the peso, to the U.S. dollar at a rate…

A: The exchange rate refers to the rate at which currency of one country can be exchanged with the…

Q: The principal reason(s) that so much U.S. currency is held outside the U.S is (are). banks all…

A: The US dollar is world strongest currency and it is used export and imports purposes by the…

Q: An American traveling to Europe will find it easier to make purchases now because: Answer a. Most…

A: Exchange rate determines the price of the currency of a domestic country when it is exchanged with…

Q: What is a nation's cash inflow (outflow) on its current account and its capital account given the…

A: At the point when a nation encounters an enormous inflow of foreign currency, the central bank will…

Q: Considering the criteria of being a medium of exchange, a unit of account and a store of value,…

A: Money has many primary functions or criteria such as a store of value, a unit of account, and medium…

Q: Question 4 The following are the prices quoted by a forex counter of CIMC Bank in Malaysia: We buy…

A: The official currency used in Malaysia is the Malaysian Ringgit (MYR).

Q: what are the changes in deposits, currency holdings and money stock for an open market sale of…

A: We need to find out the impact of an open market sale of $1,00,000 on Deposits Currency holdings…

Q: Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of…

A: Money has evolved over time, from bartering to the usage of precious metals, paper cash, and digital…

Q: To control the money supply and prevent inflation, the Peoples Bank of China (PBC), which is…

A: The first option which the central bank uses is : Required Reserve ratio : The required reserve…

Q: explain comprehensively what are the benefits faced in using LCS (Local Currency Settlement) ? and…

A: Local Currency Settlement (LCS) implies settlement of a reciprocal exchange between two nations…

Q: 9 Indicate which of the functions of money (a medium of exchange, a unit of account, and a store of…

A: Money can be understood in several ways, depending on the context and specific aspects you're…

Q: Which one is correct? UK currency is a commercial bank liability UK currency is a central bank…

A: the central bank of England is known as the Bank of England.  Laid out in 1694 to go about as the…

Q: Explain partially convertible currency

A: To understand partially convertible currency we need to understand convertible currency first.

Q: In Brazil in M1 is $23,500 and post office saving deposit is $15,000 Calculate M2

A: The information being given is:- M1 measure of money supply in Brazil  = $23,500 Post office Saving…