Author Question: Money functioning as a medium of exchange results in an increase in transactions costs. a. True b. ... (Read 43 times)

Coya19@aol.com · **on:** Jun 30, 2018

Money functioning as a medium of exchange results in an increase in transactions costs.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The buying and selling of government bonds by the FOMC constitutes:
a. an open market operation.
b. a federal funds adjustment.
c. a discount rate adjustment.
d. a change in the reserve requirement.
e. sterilization of the money supply