« previous next »

Author Question: What is money? What will be an ideal response?[br][br][b][color=#A83E49]Question ... (Read 96 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
What is money?
 
  What will be an ideal response?

Question 2

Assuming all else equal, if the Fed is expected to adopt a contractionary monetary policy, ________.
 
  A) labor demand will increase B) inflation expectations will increase
  C) the long-run real interest rate will increase D) labor supply will increase
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

Money is any medium that is universally accepted in an economy by sellers of goods and services as payments for the goods and services and by creditors as payment for debts.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

asan beg

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you :)


ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

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

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Red-Green Color Blindness Is a Sex-Linked Trait in Humans Red-Green Color Blindness Is a Sex-Linked Trait in Humans
Replication fork regression as a likely response to a blocking DNA lesion Replication fork regression as a likely response to a blocking DNA lesion
Business Math Question Solution Business Math Question Solution
Another question for grade 11 math Another question for grade 11 math
Samples from the range of continuous variation in human eye color. Different alleles of more than on Samples from the range of continuous variation in human eye color. Different alleles of more than on
economic question economic question
Video: Genetic terms Animation

For a complete list of videos, visit our video library