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Author Question: If you shop for a car online and compare car prices across dealerships, money is functioning as a ... (Read 138 times)

Sufayan.ah

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on: Jun 30, 2018
If you shop for a car online and compare car prices across dealerships, money is functioning as a
 
  A) means of payment.
  B) medium of exchange.
  C) barter mechanism.
  D) store of value.
  E) unit of account.

Question 2

When the Fed buys a 10,000 bond from a bond dealer
 
  A) reserves of the banking system remain unchanged, but the money supply increases by 10,000.
  B) reserves of the banking system increase by 10,000, but the money supply will only be able to increase by something less than this amount.
  C) reserves of the banking system increase by 10,000, but the money supply can increase by more than 10,000.
  D) reserves of the banking system remain unchanged, but the money supply decreases by 10,000.


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k2629

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

C


Sufayan.ah

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

komodo7

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Reply 3 on: Yesterday
:D TYSM

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