Home » Money solves the problem of double coincidence of wants that would regularly occur under a system of A.credit cards B. Debit cards C. Money or…

Money solves the problem of double coincidence of wants that would regularly occur under a system of A.credit cards B. Debit cards C. Money or…

1.Money solves the problem of double coincidence of wants that would regularly occur under a system of A.credit cards B. Debit cards C. Money or D.Barter

2. Credit Cards. Credit cards are not considered part of the money supply​ because:

A.

they are a unit of account.

B.

they represent a store of value.

C.

they are a loan which you have to use money to pay for later.

D.

they make it easier to conduct business.

3. Currency and Underground Economy. People that engage in illegal transactions prefer to use currency relative to other forms of money. Which of the following is not a reason illegal transactions are usually made in​ currency?

A.

Currency can be used to make other transactions.

B.

It is not easy to track transactions made with currency.

C.

People know the value of currency.

D.

It is easy to track transactions made with currency.

4. If the reserve ratio is

0.20

and a deposit of

​$200

is placed into a​ bank, that bank can lend out

​$nothing

.

​5. Money Market Mutual​ Funds, Banks, and Reserves. Money market mutual funds typically invest in government securities and other financial instruments that can be easily bought and sold. They are not subject to reserve requirements​ and, in​ fact, hold minimal reserves.​ Banks, on the other​ hand, make loans to businesses for investment purposes.

Prior to​ 2008, banks did not normally earn interest on reserves.

Suppose that banks still do not earn any interest on reserves. If there were no reserve requirements for​ banks, how do you think their reserve holdings would compare to money market mutual​ funds?

A.

The level of bank reserve holdings would be similar to those held by money market mutual funds since banks can earn more money by keeping reserves at minimal levels.

B.

The level of bank reserve holdings would be lower than those held by money market mutual funds since banks can borrow from each other.

C.

The level of bank reserve holdings would still be higher than those held by money market mutual funds since banks have to provide funds to depositors.

D.

The level of bank reserve holdings would be higher than those held by money market mutual funds since bank lending is riskier than investments of money market mutual funds.

6. If a bank has

$ 50

billion in demand deposits and required reserves are

8

​%,

the maximum amount of money it can lend is

​$nothing

billion.

7. The Treasury Secretary and the Fed. ​Occasionally, some economists or politicians suggest that the Secretary of the Treasury become a member of the Federal Open Market Committee. This would most likely

increase

decrease

have no impact on

the independence of the Federal Reserve.

8. Where Should Regional Banks Be Located​ Today? Given the changes in the location of economic activity that have occurred since the founding of the Federal​ Reserve, how would the location of the regional banks change if they were allocated by economic​ activity?

The locations of the banks and the branches would be

the same

different

since economic activity has geographically shifted. There would probably be more banks in the

West

East

​,

and the

Philadelphia

Cleveland

San Francisco

district would be​ smaller, or have more banks.

9. Which of the following is NOT a function of the Federal​ Reserve?

A.

conducting monetary policy

B.

lending money to individuals who can not receive loans from anyone else

C.

ensuring check clearing

D.

distributing new currency for the U.S. Treasury​ Department, which prints it

10. In the banking​ system, when clearing​ checks, the difference between the Federal​ Reserve’s credits and debits is​ the:

A.

liability.

B.

money.

C.

reserve.

D.

float.







Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10