Author Question: When Dale buys a new computer for 1,000 using a credit card, A) his bank account decreases by ... (Read 60 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
When Dale buys a new computer for 1,000 using a credit card,
 
  A) his bank account decreases by 1,000.
  B) he is taking out a loan for 1,000.
  C) the credit card is acting as money.
  D) the money supply decreases by 1,000.
  E) the credit card is performing the function of an unit of account.

Question 2

An increase in the discount rate
 
  A) increases the cost of reserves borrowed from the Fed.
  B) signals the Fed's desire to increase the money supply.
  C) signals the Fed's desire to lend increased reserves to banks.
  D) reduces the cost of reserves borrowed from the Fed.



Ahnyah

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library