This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a person buries his money in his backyard, he is using money as a medium of exchange. a. True ... (Read 161 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
on: Jun 30, 2018
If a person buries his money in his backyard, he is using money as a medium of exchange.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the FOMC purchases government bonds priced at 5,000 from a bond dealer who banks at National Bank, and if the reserve requirement is 20 percent, then the required reserves of National Bank:
 a. increase by 5,000.
  b. increase by 4,000.
  c. increase by 1,000.
  d. decrease by 5,000.
  e. decrease by 1,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

c


cagreen833

  • Hero Member
  • *****
  • Posts: 544
Reply #2 on: Jun 30, 2018
Thank you :)


joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Photograph of a person with a cataract in the right eye. Photograph of a person with a cataract in the right eye.
true story true story
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Which Medium FRIES would you eat? Which Medium FRIES would you eat?
Same pair of homologs, but with an exchange occurring between two nonsister chromatids Same pair of homologs, but with an exchange occurring between two nonsister chromatids
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library